Jan 08, 05:24
SOC Team
Two smart whales accumulated BTC ahead of tentative spot BTC ETF approval date
Inflow
Related addresses
Total tokens transferred
1.755K
BTC
With BlackRock expecting its Spot Bitcoin ETF to be approved on Wednesday (January 10), we noticed two smart BTC whales returning to accumulate 1,755 BTC ($77.1M) from Binance in the past 2 days.
1. Smart whale bc1pj accumulated 1,750 BTC ($76.9M) at $43,953 on average:
Previously, the smart whale accumulated 6,000 BTC ($158.66M) at an average price of $26,444 from August 24 to September 2, 2023; and then deposited 3,000 BTC ($105.7M) to Binance at an average price of $35,241 between October 18 and December 4, 2023, making $26.4M.
Currently, the whale holds 4,750 BTC ($207.4M).
Fig 1. Smart whale bc1pj accumulated 1,750 BTC ($76.9M) from Binance in the past 2 days.
2. Smart whale 3MVqp withdrew 5 BTC ($217K) at $43,426.26 just now:
- address: 3MVqpffHLe5qr2KrKyvtvgzHcHg6mYef6r
Previously, this whale traded BTC 3 times in 2023, all of which were profitable (win rate: 100%) and yielded the whale a cumulative profit of $61M.
Fig 2. Smart whale 3MVqp withdrew a test transaction of 5 BTC ($217K) from Binance just now.