Cryptocurrency

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duration: 1 Hour and 5 Minute

Profit-Making Crypto Address Makes New Investment of $16M in BTC

00:00:59

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According to data tracked by Arkham Intelligence and Lookonchain, one crypto address that is recognized for substantial trading profits has made a fresh BTC investment this week. The address amassed 245 BTC worth nearly $16 million on Tuesday, taking the tally to 248 BTC. In the past 12 months, it has made $30 million by bargain-hunting BTC at low prices and selling closer to trend tops. CoinDesk's Jennifer Sanasie presents the "Chart of the Day."

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