Whale Hoards BTC for 7 Years Earns 434 Million

The news from BlockBeats states that there’s a “diamond hand” whale who started buying BTC in 2014. The whale has made a profit of US$43.4 million so far. The whale bought 759 BTC before 2017, which were worth $6.66 million at the time, with an average purchase price of $8,777. During the 2021 bull market, the whale sold 160 BTC for $6.47 million, and has been depositing BTC into Binance for the past three weeks, with 170 coins worth $11.87 million deposited, and an average transfer price of $69,823.

The whale still holds 429 BTC worth $31.75 million, which amounts to a total profit of $43.4 million.

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