A whale locked in $60 million in profit on this move. A wallet linked to Matrixport closed its full BTC long worth $112 million and its ETH long worth $286 million, securing $60 million in net profit. At the same time, another group of whales is still accumulating BTC on spot. For example, today 1,600 BTC worth $120 million was withdrawn from Binance and BitGo to three fresh whale wallets.
April 16, 2026 16.8K 1
