According to the monitoring of on-chain analyst Ember, the whale who had previously made a profit of $15.69 million through two BTC waves re-entered the market 11 hours ago: he spent 53.65 million USDT to buy 553.3 WBTC at an average price of $96,966.
It can be seen that although he made a profit in both waves, the amount of BTC he could buy was decreasing each time:
1. In early October, he bought 629.4 WBTC at an average price of $60,726, and sold it at an average price of $75,021 on 11/8, making a profit of $8.85 million;
2. On 11/11, he bought 562.19 WBTC at an average price of $80,885, and sold it at an average price of $93,051 on 11/20, making a profit of $6.84 million;
3. On 11/28, he bought 553.3 WBTC at an average price of $96,966.