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Whale takes profit 91.5 million USD after depositing 400 BTC on Binance
A Bitcoin whale just deposited 400 BTC ( worth 47.1 million USD ) on the Binance exchange to take profit, achieving a profit of 91.5 million USD with an ROI of 109%. Previously, this wallet had accumulated 1,500 BTC at an average price of 56,282 USD from June 2023 to November 2024.
This move comes at a time when the price of Bitcoin is at 117,199 USD, with a market capitalization of 2.34 trillion USD. A similar case recently occurred when another whale made 68.8 million USD from 1,000 BTC.
Whales are still holding 1,100 BTC ( worth 129 million USD ), indicating a long-term portfolio management strategy amid a potential market correction.