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A whale repurchased 562.19 WBTC in 7 hours, and sold 619.4 WBTC a few days ago for a profit of $8.85 million

A whale repurchased 562.19 WBTC in 7 hours, and sold 619.4 WBTC a few days ago for a profit of $8.85 million

CointimeCointime2024/11/11 02:44
By:Cointime

According to Chainalysis analyst Yu Jin, a whale sold 619.4 WBTC for a profit of $8.85 million a few days after the BTC price broke a new high. It is estimated that he thought the market would continue to rise, so he got back on the BTC train 7 hours ago.

In early October, he bought 629.4 WBTC at an average price of $60,726, spending 37.61 million USDT;

On November 8th, when the BTC price broke a new high, he sold these 629.4 WBTC at an average price of $75,021, making a profit of 8.85 million USDT;

Today, he got back on the BTC train by buying 562.19 WBTC at an average price of $80,885, spending 45.47 million USDT;

In addition, he also spent 1 million USDT yesterday to buy 183,000 TON at a price of $5.46.

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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.

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