On-chain data recently captured an interesting phenomenon— a whale address exited with 255 Bitcoin, earning $9.9 million in this operation. Looking back, this BTC was transferred to the exchange 22 days ago at a price of $85,378, making it a precise market move.
Even more interesting is that this whale then engaged in 69 high-frequency trades, with a win rate of 62%, demonstrating quite seasoned trading skills. As of now, his account still holds long positions worth $310 million, including 1,699 BTC, 33,000 ETH, and a bunch of other assets.
Moreover, this guy's strategy is very similar to another big whale holding $788 million, and together their long positions total around $1.1 billion. Such large-scale position movements naturally attract widespread market attention.
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On-chain data recently captured an interesting phenomenon— a whale address exited with 255 Bitcoin, earning $9.9 million in this operation. Looking back, this BTC was transferred to the exchange 22 days ago at a price of $85,378, making it a precise market move.
Even more interesting is that this whale then engaged in 69 high-frequency trades, with a win rate of 62%, demonstrating quite seasoned trading skills. As of now, his account still holds long positions worth $310 million, including 1,699 BTC, 33,000 ETH, and a bunch of other assets.
Moreover, this guy's strategy is very similar to another big whale holding $788 million, and together their long positions total around $1.1 billion. Such large-scale position movements naturally attract widespread market attention.