Giant Whale Offloads 300 BTC, Projecting Losses Over $3.6 Million
Publication Time:2024-08-06 18:31:05
In recent times, an on-chain data analysis team has observed a major Bitcoin holder completing the offloading of 300 BTC on the Binance platform five hours ago. This investor, referred to as the 'giant whale', acquired this batch of digital currencies around three weeks ago at an average price of $64,948 per unit. The total value of this offloading was $15.85 million. Nevertheless, taking into account the purchase cost, it is anticipated that this giant whale will suffer losses surpassing $3.6 million.
Bitcoin
On-chain Analysis
Giant Whale Transaction
Offloading