A Whale Sells 801 BTC, Profiting Over 5 Times

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September 19, 2024
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An address that withdrew 801 BTC from Huobi in August 2019 at a price of $10,103, transferred 301 BTC to Binance two hours ago at a price of $61,668, after the Federal Reserve lowered interest rates, which led to a market surge. This is valued at approximately $18.56 million. Five years later, the price of BTC has risen from $10,103, the price at which it was withdrawn from Huobi, to $61,668 today, generating a 5.1x return on investment.

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