Ethereum

Bitcoin

USDC

The rise of Bitcoin (BTC) above $ 35,000 also mobilized altcoins. At this point, the largest altcoin Ethereum (ETH) also exceeded $ 1,900.
Whales started taking profits on ETH, which is now trading below $1,900.
At this point, Lookonchain said that the whale, which had been accumulating ETH at low levels since October, was selling and taking a profit.
Accordingly, the ETH whale sold 4,271 Ethereum for 8 million USDC and earned approximately $791,000.
Stating that this whale spent 32 million USDC since October 20 to buy 19,250 ETH at $ 1,662, Lookonchain said that the whale also purchased 5,972 ETH worth $ 10.6 million from Binance at $ 1,780.
Finally, Lookonchain underlined that the whale currently has 21,000 ETH worth $39.4 million.
<blockquote>
 “A whale sold 4,271 ETH for 8 million USDC at $1,875. The whale earned approximately $791,000 from this sale.
 Whale has spent 32 million USDC since October 20 to purchase 19,250 ETH at $1,662. In the meantime, Whale bought 5,972 ETH (worth $10.6 million) from Binance for $780.
 “The Ethereum whale currently has 21,000 Ethereum worth $39.4 million.”
</blockquote>
At this stage, it remains unclear whether the whale will continue selling Ethereum, while ETH is traded at $ 1,892 at the time of writing.
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 A whale sold 4,271 <a href="https://twitter.com/search?q=%24ETH&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$ETH</a> for 8M <a href="https://twitter.com/search?q=%24USDC&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$USDC</a> at $1,875 20 mins ago and made ~$791K.
 The whale spent 32M <a href="https://twitter.com/search?q=%24USDC&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$USDC</a> to buy 19,250 <a href="https://twitter.com/search?q=%24ETH&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$ETH</a> at $1,662 and withdrew 5,972 <a href="https://twitter.com/search?q=%24ETH&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$ETH</a>($10.6M) at $1,780 from <a href="https://twitter.com/hashtag/Binance?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Binance</a> since Oct 20.
 The whale currently holds 21K <a href="https://twitter.com/search?q=%24ETH&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$ETH</a>($39.4M).<a href="https://t.co/2mjYrbrOFM" rel="noopener noreferrer nofollow">https://t.co/2mjYrbrOFM</a> <a href="https://t.co/JD8bZRl5k8" rel="noopener noreferrer nofollow">pic.twitter.com/JD8bZRl5k8</a>
 — Lookonchain (@lookonchain) <a href="https://twitter.com/lookonchain/status/1721393905420435941?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">November 6, 2023</a>
</blockquote>
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*This is not investment advice.
 Continue Reading: <a rel="noopener noreferrer nofollow" href="https://en.bitcoinsistemi.com/whale-which-has-been-accumulating-in-this-altcoin-since-october-has-started-selling-profits/">Whale, which has been accumulating in this altcoin since October, has started selling profits!</a>

Whale, which has been accumulating in this altcoin since October, has started selling profits!

Bitcoin Sistemi EN

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