Cryptocurrency investors made hundreds of thousands of dollars in profit by purchasing millions of dollars shortly before the latest rise in Bitcoin (BTC).
Reported by on-chain analysis platform Lookonchain to data According to an investor, Bitcoin for 59 thousand dollars He made a profit of hundreds of thousands of dollars with the purchase he made hours before the sudden rise.
Data, investor $57,167 at cost $12.5 million worth 219 Bitcoins He revealed what he bought. Within hours, from the point where the investor purchased 4% Rising Bitcoin will soon give this whale about 500 thousand dollars It has gained.
According to CoinGecko data, in the last 24 hours 5.3% increase Bitcoin exhibiting, at the time of writing from $59,370 is being traded. With this rise, Bitcoin reached its highest level since November 2021.
The increases resulted in the liquidation of short futures positions worth $153 million in the last 24 hours.