According to a report by PANews on October 17th, according to Yu Jin, a whale/institution purchased 379.2 BTC (approximately $45.57 million) at an average price of $120,151 a week ago. Following the price drop, they purchased another 187.5 BTC today for 19.77 million USDC at a transaction price of $105,410. This total investment of $65.34 million to purchase 566.9 BTC at an average price of $115,260 results in a floating loss of approximately $5.37 million at current prices.According to a report by PANews on October 17th, according to Yu Jin, a whale/institution purchased 379.2 BTC (approximately $45.57 million) at an average price of $120,151 a week ago. Following the price drop, they purchased another 187.5 BTC today for 19.77 million USDC at a transaction price of $105,410. This total investment of $65.34 million to purchase 566.9 BTC at an average price of $115,260 results in a floating loss of approximately $5.37 million at current prices.
Whales increased their Bitcoin holdings, with a total investment of $65.34 million and a current floating loss of approximately $5.37 million.
According to a report by PANews on October 17th, according to Yu Jin, a whale/institution purchased 379.2 BTC (approximately $45.57 million) at an average price of $120,151 a week ago. Following the price drop, they purchased another 187.5 BTC today for 19.77 million USDC at a transaction price of $105,410. This total investment of $65.34 million to purchase 566.9 BTC at an average price of $115,260 results in a floating loss of approximately $5.37 million at current prices.
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