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The giant whale that has been dormant for 14 years sold 1,000 BTC about 20 hours ago, with a profit of approximately 60 million US dollars

The giant whale that has been dormant for 14 years sold 1,000 BTC about 20 hours ago, with a profit of approximately 60 million US dollars

2024/03/06 03:09

According to Spot On Chain monitoring, a dormant whale woke up after 14 years and deposited all 1,000 BTC (67.10 million USD) into Coinbase at a price of 67,116 USD about 20 hours ago, which is said to have caused the recent market crash. The whale minted these BTC in 2010 when the price was less than 0.28 USD, indicating that the whale may have just made a profit of over 60 million USD.

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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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