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Whale Moves 1,000 BTC to Binance After Amassing $780.5M

DATE POSTED:December 2, 2024
Whale Moves 1,000 BTC to Binance After Amassing $780.5M

The post Whale Moves 1,000 BTC to Binance After Amassing $780.5M appeared first on Coinpedia Fintech News

A massive whale has transferred 1,000 BTC, worth $97.5M, to Binance in the past 4 hours, raising eyebrows in the crypto community. Between March 14 and October 31, this whale accumulated a staggering 11,657 BTC, valued at $780.5M, with an average entry price of $66,953 per Bitcoin. BTC is currently trading at $96,688, down 0.62% in the last 24 hours. This move comes as BTC maintains a 30-day gain of 33.76%. The whale’s realized profits on this recent deposit could amount to nearly $30M based on current prices.