According to Lookonchain's post, the whale that bought Bitcoin five years ago and has been holding it until today has started selling.
A crypto whale who has been described as having “diamond hands” – a pattern used in the cryptocurrency market because he has not sold for a long time – sold 199 BTC ($13.55M) for a profit.
This whale bought 801 BTC worth $8.25 million from HTX 5 years ago at a price of $10,297.
The whale started selling last month after 5 years and sold 500 BTC ($32.13 million) last month.
The whale still has 301 BTC worth $20.42 million in his possession.
According to the data, this whale made a profit of $44.28 million from Bitcoin trading.
Bitcoin, which has gained 10% in the last 7 days, continues to be traded at $68,016 at the time of writing.
A diamond hand sold 199 $BTC($13.55M) for profit again 1 hour ago.
This guy withdrew 801 $BTC($8.25M) at $10,297 from #HTX 5 years ago and sold 500 $BTC($32.13M) in the past month.
He currently holds 301 $BTC($20.42M), with a total profit of $44.28M!
Address:… pic.twitter.com/DyXhf7BN1x
— Lookonchain (@lookonchain) October 18, 2024
*This is not investment advice.