A major whale has re-entered the Bitcoin market after an 8-month hiatus, investing $14.2 million.

BlockBeats News, September 9 - According to EmberCN monitoring, a whale who cleared out 50,600 ETH at an average price of $2,921 late last year, realizing a profit of approximately $19.02 million, has resumed buying BTC after a silence of about 8 months. Over the past day, this whale has converted 14.2 million USDC into 179.8 BTC via THORChain, with an average purchase price of approximately $78,955. The whale is still continuing to buy and currently holds about 74.32 million USDC.