A whale that started hoarding Bitcoin 7 years ago has now made a profit of $43.4 million

PANews reported on November 6 that according to Onchain Lens monitoring, a certain whale started accumulating Bitcoin 7 years ago and has now made a profit of 43.4 million US dollars.

The whale accumulated 759 BTC at an average price of $8,777 seven years ago, with a total value of $6.66 million at the time. In 2021, the whale deposited 160 BTC worth $6.47 million into the exchange. Just three weeks ago, the whale transferred Bitcoin to another account and began to deposit it into Binance. So far, the whale has deposited 170 BTC into Binance at an average price of $69,823, with a total value of $11.87 million.

The whale still holds 429 BTC worth $31.75 million, making a huge profit of $43.4 million.

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Author: PA一线

This content is for informational purposes only and does not constitute investment advice.

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