Crypto:
30445
Bitcoin:
$62.701
% 1.79
BTC Dominance:
%53.4
% 0.12
Market Cap:
$2.29 T
% 1.42
Fear & Greed:
47 / 100
Bitcoin:
$ 62.701
BTC Dominance:
% 53.4
Market Cap:
$2.29 T

Bitcoin Whale Earns $3 Million in Profit in Four Days

Bitcoin Whale

A savvy investor made millions of dollars in just a few days by correctly reading the price movements of Bitcoin.

According to Lookonchain data: A Bitcoin whale withdrew 767 Bitcoin worth $45.44 million from the Coinbase exchange on May 3 when the Bitcoin price fell to $59,226.

Bitcoin’s price started to recover and rise again towards the weekend, partly due to the disappointing US economic data released on Friday.

Seizing the opportunity for Bitcoin to rise above $63,000, the investor transferred 767 Bitcoin to the Binance exchange at night. The value of these Bitcoins at the time of the transaction was $48.46 million. Thus, the wallet owner managed to make a profit of around $3 million in a few days.

Rate this post
READ:  Binance Sees Massive Crypto Influx: Billions Added in a Month!

Leave a Reply

Your email address will not be published. Required fields are marked *