Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesStocksEarnInstitutionAI & More
A certain whale deposited 8.7 million LAYERs into CEX at an average price of $1.26, making a profit of $4.63 million

A certain whale deposited 8.7 million LAYERs into CEX at an average price of $1.26, making a profit of $4.63 million

Bitget2025/03/28 01:40

According to EmberCN monitoring, a whale/institution that hoarded LAYER at a price of $0.75 a month ago, transferred 8.7 million LAYER ($11.14 million) into CEX 20 minutes ago at a price of $1.26, making a profit of $4.63 million.

· These 8.7 million LAYER were withdrawn from CEX one month ago when the price of LAYER was $0.75, with a total value of $6.51 million.
· They were all transferred back into CEX 20 minutes ago; now the price of LAYER is $1.26 with a total value of $11.14 million, yielding profits worth $4.63 million.

0
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!

You may also like

Pre-orders for GTA 6 are booming and may reverse the downward trend! Citigroup raises Take-Two Interactive Software (TTWO.US) target to $270

Citigroup maintains a "Buy" rating on Take-Two Interactive Software, with a target price of $270.

智通财经•2026/11/10 06:51

Net profit surges fivefold but masks decline in core business; crypto mining companies' shift to AI poses hidden risks

Marathon Holdings' Q3 net profit reached $632 million, up 413% year-on-year. However, its mining revenue declined by 35%. The company relied on selling 13,500 BTC to pay off debts and is now betting on AI infrastructure, increasing the risk of an imbalanced profit structure.

智通财经•2026/11/10 05:57