BlockBeats News, April 24th, according to on-chain data analyst Wu Jinyan's monitoring, a whale/institutional address transferred 1,485 BTC (approximately $138 million) to Binance 30 minutes ago, profiting $50.13 million on BTC with an 11-month holding period.
It is reported that in the past 11 months, they have withdrawn a total of 5,700 BTC from Binance to their address, with an average price of $80,449. Two months ago, they started transferring BTC to Binance for sale gradually, and today this 1,485 BTC is the last transaction. The average price of transferring to Binance overall is $89,244, meaning they made a profit of $50.13 million on these 5,700 BTC.