A group of giant whales have accumulated 21,528 BTC since 2022 and sold 2,391 BTC in 2023, leaving a floating profit of US$654.3 million.

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Cointime2024/01/02 07:23

By:Cointime

According to The Data Nerd, a group of smart whales made over $1 billion in profits due to BTC hitting a new ATH of $45,400. From October to November 2022, they accumulated 21,528 BTC ($400 million) from Binance at a price of $18,582, during a period when FTX collapsed and BTC was below $20,000. Secondly, they sold a total of 12,391 BTC at the highest price in 2023. Their total realized profit was $105.4 million. They currently hold a total of 26,287 BTC ($1.19 billion) in two major wallets, and their unrealized profit total is $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.

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