Whale Records $28M Profit Through BTC Long-term Hold Strategy

Gate News bot message, a significant cryptocurrency whale transaction has been recorded on the blockchain. The whale address completed a deposit of 351 BTC (worth $38.73 million) to centralized exchanges.

The transaction history reveals that this same whale had previously withdrawn 361 BTC (valued at $11.63 million at the time) from centralized exchanges 3-4 years ago. Upon depositing back to exchanges, the total value reached $39.6 million, resulting in a profit of $27.97 million.

The transactions were traced to the following addresses: 15Q1TeXW8HRxpkwZVqbBMxkA5rHjNdgEy1 and 3LdxUk9MJECJhsZwJhytHPKZUzASUsWZqg.