Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnAISquareMore
The largest holder of BITCOIN sold 24 million BITCOIN, causing its price to plummet by 52%.

The largest holder of BITCOIN sold 24 million BITCOIN, causing its price to plummet by 52%.

CointimeCointime2024/11/01 02:44
By:Cointime

The largest holder of BITCOIN (# HarryPotterObamaSonic10Inu) sold 24 million BITCOINs ($5.34 million) for 50.17 WBTCs ($3.53 million) 4 hours ago, causing the price of BITCOIN to plummet by 52%. In May and June 2023, he spent 29.92 ETH ($54000) to purchase 54.8 million BITCOINs and sold 28.8 million BITCOINs for 21.4 ETH ($39000), holding the remaining 26 million BITCOINs until today. Total profit: 3.51 million US dollars.

0
1

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!

You may also like

CandyBomb x DGAI: Trade to share 60,000 USDT

Bitget Announcement2026/09/03 13:00

CandyBomb x DEBIT: Trade to share 45,000 USDT

Bitget Announcement2026/09/01 13:00

Bitget Will Support the BounceBit (BB) Contract Swap

Bitget Announcement2026/09/01 08:00