A whale (a cryptocurrency trader) made a profit of $600,000 in gold and then switched to BTC.

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On March 3, according to on-chain analyst Yu Jin's monitoring, a whale (a large investor) switched back to BTC after making a profit of $600,000 in gold positions.

He purchased 1,637 XAUts for 8.1 million USDC a month ago, at a price of $4,948.

One month later, gold has risen by more than $5,300. Nine hours ago, he sold 1,637 XAUt ($8.7 million) for 125.9 WBTC.

• XAUt selling price $5,315, WBTC buying price $69,091.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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