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<p style="text-align: justify">You can also read this news on BH NEWS: <a href="https://en.bitcoinhaber.net/whale-level-trades-yield-massive-profits" data-wpel-link="internal">Whale-Level Trades Yield Massive Profits</a><br></p>
<p style="text-align: justify">In a remarkable trading activity, a prominent cryptocurrency wallet has successfully liquidated 4.64 million Virtual Protocol (VIRTUAL) coins, netting a profit of $5.32 million in just 12 hours. According to Spot on Chain data, this strategic sell-off allowed the whale to secure a net gain of $3.98 million, an impressive increase of 224%. During this period, the value of VIRTUAL coins surged by 52%, while the wallet still retains 5.05 million VIRTUAL coins, amounting to an unrealized profit of $4.99 million, equating to 259%.</p> 
<h2 style="text-align: justify" id="what-happened-with-the-whale-s-luna-exchange">What Happened with the Whale’s LUNA Exchange?</h2> 
<p style="text-align: justify">On-chain data illustrates that this whale had acquired 17 million VIRTUAL coins at an average cost of $0.382 in late October. However, a risky maneuver led to the exchange of 7.2 million of these coins for 18.46 million Terra (LUNA) coins.</p> 
<p style="text-align: justify">This transaction resulted in a staggering loss of $1.15 million, reflecting a 39% decrease in value. Had the whale chosen to hold onto the VIRTUAL coins instead, it could have potentially realized a total profit of $16.1 million.</p> 
<h2 style="text-align: justify" id="could-the-whale-boost-profits-with-remaining-virtual-coins">Could the Whale Boost Profits with Remaining VIRTUAL Coins?</h2> 
<p style="text-align: justify">The whale’s wallet still contains 5.05 million VIRTUAL coins, now valued at roughly $9 million. Analysts suggest that by selling these remaining assets, the whale could further enhance its profits.</p> 
<ul> 
 <li>Profits from VIRTUAL sales totaled $5.32 million.</li> 
 <li>Exchange for LUNA coins led to a $1.15 million loss.</li> 
 <li>The whale still holds unrealized profits of $4.99 million from remaining VIRTUAL coins.</li> 
</ul> 
<p style="text-align: justify">This series of transactions serves as a valuable lesson in the cryptocurrency landscape, illustrating that while significant profits can be achieved, the inherent risks of market volatility necessitate careful decision-making.</p> 
<h5><span style="font-weight:bold;font-size:16px">Continue Reading: </span> <a href="https://en.bitcoinhaber.net/whale-level-trades-yield-massive-profits" data-wpel-link="internal">Whale-Level Trades Yield Massive Profits</a></h5>

Whale-Level Trades Yield Massive Profits

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