A group of whales sold 2391 BTC accumulated in 2022, making a profit of over 100 million US dollars

Bitget2024/01/02 07:48

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!

A welcome pack worth 6200 USDT for new users! Sign up now!

According to The Data Nerd, due to BTC breaking through $45,400 and reaching a nearly 2-year high, a group of BTC whales earned over $1 billion in profits. From October to November 2022, they accumulated 21,528 BTC ($400 million) from Binance at a price of $18,582.

Next, they sold a total of 12,391 BTC at the highes t price in 2023 with their total realized profit being $105.4 million. They currently hold a total of 26,287 BTC ($1.19 billion) in two main wallets; their unrealized profit totals are $654.3 million (+121%).

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.

Understand the market, then trade.

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.

Trade now！

A group of whales sold 2391 BTC accumulated in 2022, making a profit of over 100 million US dollars

You may also like

Crypto prices