👍👍Bitcoin Whale Earns $8.9 Million But Wants More 👍👍

According to crypto analytics platform Lookonchain, a large investor (“whale”) made millions of dollars in profits after making a wrong move on the price of Bitcoin (BTC) but missed the opportunity to increase his potential profit.$BTC

Four days ago, this whale sold 619 Wrapped Bitcoin (WBTC) holdings at $75,029, making $46.48 million and $8.9 million in profit. However, he sold early because he did not foresee that the price of Bitcoin would rise further.

After the price exceeded the $80,000 level, the investor, who thought that Bitcoin would continue to rise, decided to buy again. This time, he bought 562 Bitcoins for $80,895, or a total of $45.48 million. However, this move led him to buy the same amount of Bitcoin at a higher price.

Such trading movements once again reveal the difficulties of sudden price changes and correct timing in the crypto market. The volatile nature of the crypto market shows that even big investors sometimes have difficulty predicting market trends correctly and cannot always successfully implement their strategies.

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