Bitcoin Whale Loses $13M in Six Days
This is a news story, published by CoinGape, that relates primarily to Binance news.
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•How Lack of Patience Cost This Bitcoin Whale $13 Million? | CoinGape
60% Informative
A Bitcoin whale lost $ 13 M within just six days due to BTC price fluctuations.
The whale withdrew 1,850 BTC, worth $188.7 million , from popular crypto exchange Binance .
At that time, the Bitcoin price was nearly $102k , the peak point in weeks .
After six days , the whale resurfaced but for depositing the exact same amount of BTC back to the Binance exchange.
Eventually, the price had lost significant value, trading at just $ 94.6K.
At the time of writing, Bitcoin price is $ 94,108 , having dropped 5% over the week .
Analysts predict a potential drop to $ 70K-$75 K amid this volatility.
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