- Eight years ago today on October 6, 2014, while the price of bitcoin was coasting along at $330 per unit, an anonymous Bitstamp trader placed an order to sell 30,000 bitcoins.
- Moreover, the trader, now infamously known as the “Bear Whale,” sold the coins at $300 per unit.
- The lesson that can be learned from Bear Whale’s story is that it’s quite possible a large whale could lose faith in BTC again, or at the right price range may want to dump billions of dollars worth of bitcoin.
8 Years Ago Today: Bitcoin Traders Slayed the Infamous Bear Whale Who Dumped 30,000…
