Whale, who started accumulating BTC in August 2023, made a profit of $217 million

While Bitcoin added a new one to its records by exceeding $73,600 today, it was seen that a whale made a total profit of $217 million. The whale, which bought with an average of $32,500, started sales at $43,000, but stopped with the acceleration of the rises. This stance seriously increased the investor’s profits.

Whale, who started accumulating BTC in August 2023, made a profit of $217 million

While Bitcoin is breaking record after record, it is seen that a whale has made a profit of $217 million in about 7 months. According to the information provided by on-chain tracking platform Lookonchain, the whale, who started buying Bitcoin in August last year, bought 8,500 BTC with an average of $32,854.

The person who bought these BTCs, which were worth $279 million at the time, on Binance, later withdrew his funds from the exchange.

When the price started to surpass $40,000, the whale, who started depositing to Binance, sent 4300 BTC, worth $183 million for that period, to the stock exchange. The average here was $43,530.

The whale stopped as the price continued to rise! Although the price is currently over $73,000, the whale, which does not make new transfers to Binance, has about 4300 more BTC. The total value of these Bitcoins is worth approximately $313 million and the total profit of the whale is approximately $217 million.

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