Cryptocurrency Whale Could Make More than $3 Million in Profit Thanks to This Altcoin

A cryptocurrency whale can earn more than $3 million with one transaction today.

According to the post of Blockchain analysis platform Lookonchain, a whale joined Binance this afternoon. 449,668 Avalanche (AVAX) sent. Their value at the current price is 10.3 million dollars.

Whale transferred 34,300 from Binance to his own wallet on November 23, 2022; The next day, he withdrew 23,126 AVAX. Then, on June 6, 2023, he received a total of 477,106 more AVAX from Binance to his wallet in two different transactions.

According to Lookonchain’s calculation, this user sold approximately Could generate revenue of $3.8 million.

The whale still has 85,000 AVAX worth $1.9 million in his wallet.

Like many altcoins, AVAX has gained significant value recently. According to CoinGecko data, AVAX price has risen more than 70% in the last seven days, reaching $22.9.

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