BTC Whale Suspected of Selling 158.7 Coins, Costing Around $20,000
Prefer us on GoogleA BTC whale, holding for about three years, is suspected to have started selling. The address bc1q7...jvlgw deposited 158.7 BTC to Coinbase 8 hours ago, valued at approximately $10.01 million. The funds originated from the address 3JLdM...jEp9L, which withdrew BTC from Kraken on March 11, 2023, and has held it for a long time, peaking with unrealized gains exceeding $15.31 million during this bull market. If all 158.7 BTC transferred to Coinbase are sold, the whale is expected to realize a profit of about $6.206 million, but this is over 40% less than the peak unrealized gains.
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