Jan 12, 01:08
SOC Team
Smart whale took great profit from BTC
Outflow
Related addresses
Total tokens transferred
2.742K
BTC
A whale deposited all 2,742 BTC ($127.7M) to Binance at $46,570 on average via 3 addresses in the past 9 hours, mostly after the Bitcoin Spot ETF was opened for trading:
- address 1: bc1qu6zx8j5ckajut380ld4n38ckyr2s6858qp3lnj
- address 2: bc1qqzm7wecxav5ns9f35pgcz9f8zt06ncrvwcfr5g
- address 3: bc1qdfyjqq75ew8h88476xnwf5l9dhzchzegj8lxjl
- Binance deposit: bc1qf0fmwwtzpguv6snnwkgxfzdxmwg0xsq7gddrv0
Notably, the whale withdrew those BTCs from Binance at an average price of only $19,338 (estimated cost: $53M) between October 07, 2022, and December 29, 2023. If truly selling all now, the whale would realize a $74.7M (+41.5%) profit from BTC after over a year.
Fig 1. The whale's overall BTC trading history.
#bitcoin
#btc
#profit
#etf