Just casually scrolling and I came across this whale story with 700 BTC—it’s pretty interesting, guys.

The thing is, 5 years ago he put about $22.3 million into accumulating that batch of coins. He just held tight all this time, and now his assets have surged to over $45.3 million—turning a profit of more than double.
What’s notable here is that during the recent BTC run-up to the top at 126K, it didn’t look like he moved at all. Suddenly, when the price dumps in reverse, his wallet starts moving coins again. People watching from the outside probably find it a bit confusing too.
Everyone keeps guessing he’s moving the coins to sell OTC and lock in profits, but who’s to say he actually sold? Big-money players often have a lot of reasoning behind their moves. When the price is dropping and they transfer wallets, they might switch to a cold wallet for safety, or use the coins as collateral to borrow, or simply rebalance the portfolio.
If you look at it from the perspective of accumulating since 5 years ago, his position is already rock solid. I’m only looking in to follow along to know what’s going on—because the next moves of these whale investors are really hard to predict!