Turning the Decline in Bitcoin and Altcoins into an Opportunity, the Giant Whale Goes Shopping Again: Here Are Its Latest Purchases!

Leading cryptocurrency BitcoinIt briefly reached the long-awaited level of $69,000 yesterday but could not hold on there.

BTC After the selling pressure it encountered, it fell to $ 59,000 within hours.

with Bitcoin altcoins While we saw sharp movements in the seas, whales also became active and turned these declines into opportunities.

According to Lookonchain’s post, a whale turned the decline into an opportunity and bought $4 million worth of Bitcoin and Ethereum (ETH).

“After the market crashed, the whale purchased 50.43 WBTC (valued at $3.22 million) at $63,828 and 286 ETH (valued at $1 million) at $3,502.

With its last purchase, Whale purchased 812.48 WBTC (valued at $37.3 million) at an average price of $45,903 and 11,186 ETH (valued at $28.06 million) at $2,509, resulting in an unrealized profit of over $30 million.”

At the time of writing, Bitcoin continues to trade at $66,720 and ETH continues to trade at $3,840.

After the market dropped, the whale bought 50.43 $WBTC($3.22M) at $63,828 and 286 $ETH($1M) at $3,502 again.

He has bought a total of 812.48 $WBTC($37.3M) at $45,903 and 11,186 $ETH($28.06M) at $2,509, with an unrealized profit of more than $30M.

Address:… pic.twitter.com/4wqirIGTxs

— Lookonchain (@lookonchain) March 6, 2024

*This is not investment advice.