A certain whale bought 1,768 bitcoins in the last bull market, and after experiencing a market downturn, decided to partially take profit.

August 13th, according to LookIntoChain data, during the last bull market, a whale bought 1,768 BTC at a price of $74,603 (worth $131.91 million). At the peak, they held an unrealized profit of $91 million.

However, not taking profit at the top has now left them with an unrealized loss of $19.7 million. The whale has now deposited 114 BTC (worth $7.24 million) into Kraken, likely preparing to sell.