A certain whale bought a total of 2,000 BTC in the past 4 days, seemingly betting that the ETF will pass
According to the on-chain analyst Yu Jin's monitoring, a whale sold 3,000 BTC (worth $105 million) at an average price of $35,170 between October and December 2023, realizing a profit of $26.17 million. The whale has recently accumulated 2,000 BTC (worth $88.64 million) at a price of $44,323 over the past four days, indicating that they may be betting on the imminent approval of an ETF. They now hold a total of 5,000 BTC (worth $233 million) with a comprehensive cost of $33,595 and a floating profit of $66.15 million (+39%).
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.
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