The post Bitcoin Dump Alert: Bitcoin Whale Withdraws 1,100 BTCs, Records Profit Of $62 Million! appeared first on Coinpedia Fintech News
During the late Asian trading hours, a whale withdrew 1,100 BTCs from Binance. Reportedly, this whale is known for smart buying Bitcoins at a low price and selling at a high. It accumulated 2,947 BTCs between November 2023 and January 2024 with an average price of $44,300. With a calculated research it sold 315 BTCs between March and August with an average price of $60,384. The whale currently holds 3,823 BTCs worth $227 Million and has made a profit of $61.8 Million, or +34%.