A cryptocurrency whale, identified by the address bc1q9c, has deposited 650.76 BTC, valued at $43.05 million, into the Gemini exchange after three years of inactivity. This move locks in a profit of $25.37 million, representing a 144% gain. The whale originally withdrew the same amount of Bitcoin from Coinbase at a price of $27,166 per BTC, totaling $17.68 million at the time. At its peak, the whale's unrealized profit had reached $64.37 million, marking a 364% increase.
Whale Deposits 650.76 BTC into Gemini, Secures $25.37M Profit
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