Bitcoin Surpasses $120,000 Amidst Whale Activity

According to BlockBeats, on-chain analyst Ai Yi (@ai_9684xtpa) has reported that Bitcoin has surpassed the $120,000 mark. A significant whale, known as 'Set 10 Big Goals First,' initiated a long position on August 3 without taking profit or reducing their position, resulting in an unrealized profit of $2.08 million. The whale opened a long position of 267.322 BTC at a price point of $112,891.3, marking their first public trade since July. If this trade also concludes with a successful profit-taking, it would represent a third consecutive win for the trader.