Whale Clearing the Lows in Bitcoin for the Last Week Passed Millions of Dollars!

As the whales took advantage of the declines and made large purchases of Bitcoin, they made millions of dollars in a short time. According to data provided by the on-chain analytics platform Lookonchain, the whale wallet address “1L7gnf” saw the declines since March 14th as a buying opportunity and earned millions of dollars in profit within a few days. The said whale made 4,451 BTC purchases worth 294 million dollars at a cost of 66,195 dollars since March 14th. With the rise in the price of Bitcoin in the last 24 hours, the whale’s profit reached 3.35 million dollars. Finally, on March 20th, the whale made 325 Bitcoin purchases through the crypto exchange Binance. These substantial purchases during the declines revealed a strong belief that the uptrend would continue and that these would be left behind as corrections.