A Whale Reallocated from Gold to BTC After Making $600k Profit

BlockBeats News, March 3rd: According to on-chain analyst Yu Jin, a whale switched back to BTC after making a $600k profit from holding gold:

· A month ago, the whale purchased 1637 XAUt for 8.1 million USDC at a price of $4,948.

· Today, after a month, gold has risen by over $5,300. He sold the 1,637 XAUt (worth $8.7 million) 9 hours ago and exchanged it for 125.9 WBTC.

· XAUt was sold at $5,315, and WBTC was bought at $69,091.