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A certain whale deposited 500 BTC into Gate after holding for 4 months, causing a $6.85 million loss upon selling.

2025-11-11 16:19

BlockBeats News, November 11th, according to Onchain Lens monitoring, a whale address deposited 500 BTC (worth $52.8 million) into Gate after holding the coins for 4 months. If sold, they would face a loss of $6.85 million. The whale initially withdrew these tokens when they were worth $59.4 million.

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