A whale sold 175 WBTC within 3 hours, earning over $3 million in profit.
According to Jinse Finance, on-chain analyst Ai Yi monitored that an address sold 175 WBTC at an average price of $92,444.59 within the past 3 hours, with a total transaction amount of $16.177 million. This address had purchased these bitcoins at an average price of $74,746.46 between August and October 2024. Although the profit has retraced by more than $5.9 million compared to the market peak, this sale still yielded a profit of $3.097 million. Currently, the address still holds 491.84 WBTC.
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
Barr: Still concerned about inflation remaining at 3%, monetary policy needs to be formulated with caution
The three major U.S. stock indexes opened higher, Nvidia surged 5%
CME Group and CF Benchmarks to launch two new Bitcoin volatility indices
