An experienced investor known as the "whale" has recently purchased an additional 200 Bitcoins worth $12.56 million. This comes after the investor made a profit of around $181 million from Bitcoin trading. On-chain analytics firm Lookonchain provided details of the investor's past activities, including buying 6,000 Bitcoins for $158.6 million in August 2022 and buying another 2,000 Bitcoins for $88.76 million before the launch of the Bitcoin exchange-traded fund in January 2023. The investor also sold 1,500 Bitcoins at the peak price of $68,398, making a massive $102.6 million. This indicates the investor's ability to strategically navigate the market.
- Content Editor ( blockchainreporter.net )
- 2024-10-13
Bitcoin Whale Raises Holdings by 200 $BTC Following $181M in Gains