Whale Sends $12.18M Bitcoin to Binance, Estimated Profit of $6.89M

IconCryptoNewsTerminal Staff13 Sep, 2024

cryptonews.jpg

Whale Sends $12.18M Bitcoin to Binance, Estimated Profit of $6.89M

Seven anonymous addresses (presumably belonging to the same owner) that were dormant for more than a year deposited 203 BTC ($12.18 million) into Binance seven hours ago, according to Lookonchain. The whale had previously purchased 203 BTC at an average price of $26,047 between March 10 and August 7 last year. This means that the estimated profit from this transaction is $6.89 million.