On April 24, according to on-chain data analyst Ember Monitor, a whale/institution address transferred 1,485 BTC (approximately $138 million) into Binance 30 minutes ago, and 11 months of holding the currency made a profit of $50.13 million on BTC.
It is reported that it has raised a total of 5,700 BTCs from Binance to its address in the past 11 months, with an average price of US$80,449. 2 months ago they started to transfer BTC to Binance for sale, and today the 1,485 BTC is the last one. Overall, the average price to turn to Binance is $89,244, which means they made $50.13 million in profit on these 5,700 BTCs.
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