Dormant Whale Sells 1,400 BTC After 4 Years, Netting ~$76.5 Million in Unrealized Gains
According to monitoring by Lookonchain, a whale dormant for four years recently sold 1,400 BTC worth approximately $111.61 million. Four years ago, the whale acquired 2,200 BTC at an average price of $45,024, totaling around $99.05 million. He did not sell even when his unrealized gains peaked at $178 million during that period. He has now begun selling BTC, resulting in cumulative profits of approximately $76.5 million.