A big crypto investor (also called a “whale”) just sold 400 Bitcoin worth about $33.8 million — but at a loss. This happened about four hours ago, according to tracking from Lookonchain.
Four months ago, this investor bought 2,000 Bitcoin for nearly $198 million, paying around $98,896 per coin. They started selling on March 11.
So far, they’ve sold 1,200 Bitcoin for a total of $98.6 million — at an average price of $82,171 each. In the end, they’ve lost about $31.8 million on these sales.
