A whale sold 553.3 WBTC that he had held for a week, making a profit of $2.47 million
According to Chainalysis analyst Yu Jin, a whale who purchased 553.3 WBTC at an average price of $96,966 a week ago sold these WBTC at an average price of $101,437 five hours after BTC broke $100,000, earning $2.47 million in profit. In the past two months, he has made three waves of BTC, earning a total profit of $18.16 million (of course, if he had held it instead of making waves, his profit would have been $26.48 million). In addition, he transferred a total of $10.39 million USDT to Bitget in the past three days.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
PumpFun Corp Faces Legal Battles Over Alleged Securities Violations and Meme Token Scandals
Vottun Brings Tokenization to Web3 Development; Launches Flagship Low-Code Platform for Builders
Ethereum And Uniswap Had Their Transformative Runs In 2021, Its Elluminex’s Turn In 2025
Solana ETFs: How a 2025 launch could play out
Some expect a Solana ETF to be approved by the end of the year thanks to a pro-crypto Trump Administration.Defining if Solana will be classified as a commodity or security will play a major role in the ETF approval process.JPMorgan analysts projected that Solana ETFs could bring in between $2.7 billion and $5.2 billion, cumulatively, during their first months of trading.