A Whale Reallocated from Gold to BTC After Making $600k Profit
BlockBeats News, March 3rd: According to on-chain analyst Yu Jin, a whale switched back to BTC after making a $600k profit from holding gold:
· A month ago, the whale purchased 1637 XAUt for 8.1 million USDC at a price of $4,948.
· Today, after a month, gold has risen by over $5,300. He sold the 1,637 XAUt (worth $8.7 million) 9 hours ago and exchanged it for 125.9 WBTC.
· XAUt was sold at $5,315, and WBTC was bought at $69,091.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Morgan Stanley: Raised AbbVie’s target price to $346
Low base, high oil prices, and subsidies all drive growth: Tesla (TSLA.US) continues sales rebound in Northern Europe in October
In October of this year, registrations of new Tesla cars increased in several Nordic markets, continuing the recovery momentum of the American electric vehicle manufacturer's sales in the region.

Japan’s consumption is set for its first decline in over two years? The Bank of Japan preempts with a “precautionary statement”: Weak overall figures due to population shrinkage ≠ deteriorating demand, December rate hike may not be affected
The Bank of Japan stated that, due to the ongoing population decline, it is difficult for overall consumption in Japan to achieve strong growth. However, this also means that overall sluggish consumption does not necessarily indicate weakening household demand.

Swiss Franc remains stronger following SVME PMI data

