Binance Whale Takes Profit 5000x, Sells $4.95 Million Worth of Tokens

BlockBeats News, July 9th. According to Infura Monitoring, an early whale of Binance Smart Chain (BSC) who saw a 5000x return on investment continues to realize gains today by selling 7 million BSC tokens (approximately $4.95 million).

After deploying on Binance Smart Chain in October last year, the whale bought 18.5 million BSC tokens within half an hour with 2.14 BNB (approximately $2,480) and has held them since. Starting in June, they began to take profits, selling 10.5 million tokens (approximately $7.33 million) to date. They still hold 8 million tokens on-chain (approximately $5.71 million), with total profits exceeding $13 million.