Seven Months of Holding... Ended With a $35M Loss😳. Not every whale survives a bear market. After holding a massive Bitcoin position for more than seven months, wallet 37BnFf has finally thrown in the towel.
Today, the whale sold 800 $BTC , worth approximately $50.24 million, closing a position that was opened when Bitcoin was trading near its highs. According to on-chain data, the 800 BTC was originally acquired around 7 months ago at an average price of $106,866 per coin. Today's exit came at a dramatically lower price, resulting in an estimated realized loss of roughly $35.3 million. After seven months of waiting, the position was finally closed at a loss larger than most traders will ever see in a lifetime. For 37BnFf, the Bitcoin chapter appears to be over. Though PLEASE NOTE: THE SALE ISN'T CONFIRMED YET, JUST DEPOSIT TO EXCHANGE. Though we predict this deposit as sell. Address: 37BnFfKVVAAw5fyLejdxLaca9WmmSA9zbS
Seven Months of Holding... Ended With a $35M Loss😳. Not every whale survives a bear market. After holding a massive Bitcoin position for more than seven months, wallet 37BnFf has finally thrown in the towel.
Today, the whale sold 800 $BTC , worth approximately $50.24 million, closing a position that was opened when Bitcoin was trading near its highs. According to on-chain data, the 800 BTC was originally acquired around 7 months ago at an average price of $106,866 per coin. Today's exit came at a dramatically lower price, resulting in an estimated realized loss of roughly $35.3 million.
After seven months of waiting, the position was finally closed at a loss larger than most traders will ever see in a lifetime. For 37BnFf, the Bitcoin chapter appears to be over.
Though PLEASE NOTE: THE SALE ISN'T CONFIRMED YET, JUST DEPOSIT TO EXCHANGE. Though we predict this deposit as sell.
Address: 37BnFfKVVAAw5fyLejdxLaca9WmmSA9zbS