Dormant Bitcoin whale sells after nearly 3 years, realizes $12.5M profit
Crypto Briefing
A dormant Bitcoin whale sold 200 BTC for over $18 million, realizing a profit exceeding $12.5 million.Summary
A Bitcoin whale, identified by the address starting with “1CA98y,” sold 200 BTC for more than $18 million after being dormant for nearly three years. This investor had initially withdrawn 400 BTC from OKX on April 1, 2023, when the price was $28,432. The recent sale resulted in a profit of over $12.5 million. The whale still retains the other 200 BTC from the original withdrawal. At the time of reporting, Bitcoin was trading around $91,300, and the article notes that if the whale had sold the entire 400 BTC near Bitcoin's recent all-time high of $126,080, the profit could have reached approximately $39 million.
(Source：Crypto Briefing)