A Bitcoin whale has become active again after four years of inactivity, selling 1,400 $BTC worth about $111.61 million.
The wallet originally received 2,200 BTC at an average price of $45,024, putting the initial position at roughly $99.05 million.
According to on-chain tracking, the whale held through Bitcoin’s major market cycles and even saw its unrealized profit reach around $178 million without selling.
Selling 1,400 BTC generated an estimated $76.5 million in realized profit based on the tracked position. Remaining holdings stand at 800 BTC, down from the original 2,200 BTC balance.
#Bitcoin Price Prediction: What is Bitcoins next move?# #BTC Correction Incoming?#
The wallet originally received 2,200 BTC at an average price of $45,024, putting the initial position at roughly $99.05 million.
According to on-chain tracking, the whale held through Bitcoin’s major market cycles and even saw its unrealized profit reach around $178 million without selling.
Selling 1,400 BTC generated an estimated $76.5 million in realized profit based on the tracked position. Remaining holdings stand at 800 BTC, down from the original 2,200 BTC balance.
#Bitcoin Price Prediction: What is Bitcoins next move?# #BTC Correction Incoming?#
