Bitcoin whale earned over $ 91 million in profit in 9 months

A major bitcoin whale investor has earned more than $ 91 million in profit over the past nine months. According to Arkham analysts, this investor received a 109% annualized return and currently holds more than 1,100 BTC BTC $74,604.86 Mezo Wrapped BTC -3.33% Market capitalization $73.55 million VOL. 24 hours $1.05 billion .

The bitcoin whale started buying bitcoins in June 2023 and November 2024, purchasing a total of 1,500 coins at an average price of $ 56,282. The total investment amounted to about $ 84.4 million. At the time of the sale of the asset, the price of bitcoin almost doubled, and the investor transferred 400 BTC (about $ 47.1 million) to Binance to fix the profit. This was done in two transactions of 200 BTC each.

Despite the significant cash out, the wallet still has more than 1,100 BTC (about $ 129 million), which indicates the investor’s faith in the further growth of the flagship crypto market. Such tactics — fixing part of the profit while maintaining the main portfolio — are typical for large players seeking to maintain a balance between risk and the potential for further earnings.

As of today, the price of bitcoin is hovering around $ 119,400, and the total capitalization of the crypto market has reached $ 2.35 trillion amid active institutional investments and high demand for spot bitcoin ETFs. Analysts note that profit-taking by whales may put temporary pressure on the market, but the overall dynamics remain positive, and most expect further growth in bitcoin in the near future.