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.
*This is not investment advice.