Whale Deposits 2,000 BTC to CEX After Three-Month Hold, Facing $40.8M Loss

GateNewsBot
BTC-3,11%

Gate News bot message, whale address bc1q8g deposited 2,000 BTC (valued at $178.7M) to a centralized exchange. The whale purchased these 2,000 BTC at $109,759 per coin three months ago, totaling $219.5M. The current transaction shows a loss of $40.8M compared to the original purchase price.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Data: If BTC breaks through $70,154, the total liquidation strength of mainstream CEX short positions will reach $1.637 billion.

ChainCatcher reports that, according to Coinglass data, if BTC breaks through $70,154, the total liquidation strength of long positions on major CEXs will reach $1.637 billion. Conversely, if BTC drops below $63,568, the total liquidation strength of short positions on major CEXs will reach $968 million.

GateNewsBot8m ago

BTC Breaks Through 67,000 USDT

Gate News bot message, Gate market display, BTC breaks through 67,000 USDT, current price 67,069.4 USDT.

CryptoRadar12m ago

Top Presale Cryptos to Watch in 2026: ZKP, Bitcoin Hyper, LivLive, and DeepSnitch AI Lead the Way

In 2026, experienced capital is no longer chasing short-lived hype or recycled meme ideas. Instead, attention is moving toward a clearer standard: utility-first launches built to solve real problems from day one. The current market is shaped by projects addressing long-standing issues, from slow

BlockChainReporter36m ago

Susquehanna-Backed Crypto Lender BlockFills Suspends Withdrawals as Bitcoin Sinks

BlockFills has temporarily halted deposits and withdrawals due to market volatility but continues to allow trading positions. The firm, which served over 2,000 clients and facilitated $61 billion in trading last year, aims to restore liquidity.

Decrypt1h ago
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)