As Bitcoin’s rally continues, BTC surpassed $42,000 during the day. BTC rose 5.3% in the last 24 hours, increasing its weekly gains to over 12%.
While this BTC surge mobilized the market, whales also took action to make profits.
According to Lookonchain’s post, a whale sent 1,000 BTC worth $41.46 million to Binance a few hours ago.
This whale made a lot of money from his Bitcoin investment. Consequently, the whale received 6,000 BTC worth $158.7 million from Binance from August 24 to September 2.
This smart whale then turned the rallies into an opportunity and deposited a total of 3,000 BTC (worth $105.5 million) on Binance on October 18, November 8, and December 4, earning approximately 26 millions of dollars.
“A giant whale deposited 1,0000 BTC ($41.46 million) on Binance 1 hour ago.
Whale bought 6,000 BTC ($158.7 million) from Binnace from August 24 to September 2.
The whale then deposited a total of 3,000 BTC ($105.5 million) on Binance on October 18, November 8, and December 4, earning approximately $26 million.
This smart whale currently owns 3,000 BTC ($125.2 million) and unrealized gains of approximately $45.8 million.”
The whale currently holds $3,000 BTC ($125.2 million), with an unrealized gain of ~$45.8 million.
Address: https://t.co/4CXNXErWz6
– Lookonchain (@lookonchain) December 4, 2023
*This is not investment advice.
