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A giant whale transferred 300 BTC held for half a year to Binance and made a profit of US$5.25 million.

A giant whale transferred 300 BTC held for half a year to Binance and made a profit of US$5.25 million.

CointimeCointime2024/01/02 09:47
By:Cointime

A certain whale transferred 300 BTC (worth $13.68 million) that they had held for six months to Binance 30 minutes ago, as monitored by on-chain analyst Yu Jin. The BTC was withdrawn from Binance and Bitmex in June 2023 at an average price of $28,072. If the whale sells at a profit, they will realize a profit of $5.25 million (+62%).

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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