{"id":19849,"date":"2024-05-07T13:00:43","date_gmt":"2024-05-07T13:00:43","guid":{"rendered":"https:\/\/coinengineer.io\/?p=19849"},"modified":"2024-05-07T10:53:54","modified_gmt":"2024-05-07T10:53:54","slug":"bitcoin-whale-earns-3-million-in-profit-in-four-days","status":"publish","type":"post","link":"https:\/\/coinengineer.net\/blog\/bitcoin-whale-earns-3-million-in-profit-in-four-days\/","title":{"rendered":"Bitcoin Whale Earns $3 Million in Profit in Four Days"},"content":{"rendered":"

A savvy investor made millions of dollars in just a few days by correctly reading the price movements of Bitcoin.<\/p>\n

According to Lookonchain data: A Bitcoin<\/a> whale withdrew 767 Bitcoin worth $45.44 million from the Coinbase exchange on May 3 when the Bitcoin price fell to $59,226.<\/p>\n

Bitcoin’s price started to recover and rise again towards the weekend, partly due to the disappointing US economic data released on Friday.<\/p>\n

Seizing the opportunity for Bitcoin to rise above $63,000, the investor transferred 767 Bitcoin to the Binance exchange at night. The value of these Bitcoins at the time of the transaction was $48.46 million. Thus, the wallet owner managed to make a profit of around $3 million in a few days.<\/p>\n","protected":false},"excerpt":{"rendered":"

A savvy investor made millions of dollars in just a few days by correctly reading the price movements of Bitcoin. According to Lookonchain data: A Bitcoin whale withdrew 767 Bitcoin worth $45.44 million from the Coinbase exchange on May 3 when the Bitcoin price fell to $59,226. Bitcoin’s price started to recover and rise again<\/p>\n","protected":false},"author":1,"featured_media":15632,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9],"tags":[61,230,2024,2285,501,5919,396,5920,5921,954],"class_list":["post-19849","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-crypto-news","tag-bitcoin","tag-coinmarketcap","tag-cointelegraph","tag-exchange","tag-investment","tag-price-volatility","tag-profit","tag-risk","tag-strategy","tag-whale"],"yoast_head":"\nBitcoin Whale Earns $3 Million in Profit in Four Days - Coin Engineer<\/title>\n<meta name=\"description\" content=\"A savvy investor made millions of dollars in just a few days by correctly reading the price movements of Bitcoin.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/coinengineer.net\/blog\/bitcoin-whale-earns-3-million-in-profit-in-four-days\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Bitcoin Whale Earns $3 Million in Profit in Four Days - 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