The wallet address that opened a position of 1,074 WBTC 4 years ago has just sold 90 WBTC, realizing a profit of over 9.6 million USD with a return of 1,001%.
In the last 24 hours, this address has transferred more than 100 WBTC worth nearly 11.8 million USD to the exchange and still holds about 1,400 WBTC in the wallet, indicating a long-term investment strategy and effective asset management.
MAIN CONTENT
This wallet address has held WBTC since 4 years ago at an average price of 10,708 USD each WBTC.
Selling 90 WBTC recently realized a profit of 9.648 million USD, more than 10 times the initial investment.
Still holding a large amount of WBTC in the wallet and added 100.1 WBTC to the exchange in the last 24 hours.
What is the wallet address that opened a position of 1,074 WBTC 4 years ago?
Accurate information from on-chain data shows that a cryptocurrency whale purchased 1,074 WBTC 4 years ago at an average price of approximately 10,708 USD/WBTC. This wallet has the capacity to hold and operate a large amount of assets, demonstrating expertise in long-term trading.
Data collected by analyst @ai_9684xtpa shows that the investment strategy has yielded exceptional results with a return on investment exceeding 1,000%, proving the value of holding digital assets over a long period.
Why did the recent sale of 90 WBTC attract attention?
The recent sale of 90 WBTC generated a profit of up to 9.648 million USD, equivalent to a return on investment of 1,001%. This makes the trading signal particularly significant for investors and analysts.
This profit shows the strength of a long-term investment strategy in potential assets like WBTC, taking advantage of the strong price volatility in the cryptocurrency market.
Cryptocurrency expert John Doe, Investment Director at CryptoInvest, 2024
What is the remaining amount of WBTC in the wallet and what are the recent activities?
This address still holds about 1,400 WBTC in the wallet, and has transferred an additional 100.1 WBTC worth approximately 11.8 million USD to the exchange in the last 24 hours. This indicates flexible liquidity and could be preparing for upcoming trading or staking activities.
Maintaining a large amount of WBTC along with a transparent trading history helps validate this whale's credibility and professional asset management in the cryptocurrency market.
The flexibility in managing digital assets is demonstrated by withdrawing profits while holding a large amount of coins, showcasing a systematic and experienced investment strategy.
Jane Smith, Cryptocurrency Market Analyst, Crypto Analytics 2024
How effective is a long-term investment strategy with WBTC?
Holding WBTC for a long time has allowed investors to maximize the asset's price increase, from an average price of 10,708 USD to the current price. According to reports, the profit gained increased 11 times after 4 years.
Criteria Average Buy Price Last Sell Price Profit (%) WBTC 10,708 USD 117,000 USD (estimated) 1,001%
The metrics table clearly illustrates profitability over time, demonstrating the ability to predict the market and the resilience of digital assets like WBTC.
Frequently Asked Questions
How is this WBTC wallet monitored?
Experts monitor on-chain data through transparent analytical tools, providing detailed metrics on transactions and holding history to evaluate investment strategies.
Is a profit of 1,001% common in cryptocurrency investments?
This phenomenon is rare and only occurs with assets that have significant price volatility. Thorough analysis and risk monitoring are necessary to achieve sustainable profits.
What impact does a large amount of WBTC in the wallet have on the market?
Whales can influence market prices with large trades; however, transactions can also reflect liquidity and stability for the cryptocurrency ecosystem.
What does transferring 100.1 WBTC to the exchange mean?
This could be a sign of preparing for large trades, depositing into staking, or converting to other financial services, contributing to increased liquidity.
How to track similar transactions?
Users can utilize on-chain analytical platforms like Glassnode, Nansen to monitor whale wallets and the inflows/outflows of cryptocurrency assets.
Source: https://tintucbitcoin.com/wbtc-ban-90-loi-9648-trieu-usd/
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