Whale investor deposits 500 Bitcoin to Gate.io exchange

Source
Uk Jin

Summary

  • A whale investor reportedly deposited 500 Bitcoin to Gate.io exchange.
  • The whale said they bought Bitcoin four months ago.
  • They said selling now would result in about $6.85 million loss.

A whale investor deposited a large amount of Bitcoin (BTC) to an exchange.

On the 11th (Korean time), according to OnChainLens, a whale investor deposited 500 Bitcoin they held into Gate.io.

The whale purchased Bitcoin four months ago, and would incur an approximately $6.85 million loss if they sold Bitcoin now.

BTC
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Uk Jin

wook9629@bloomingbit.ioH3LLO, World! I am Uk Jin.
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