Bitcoin Whale Realizes $91.5M Profit After Depositing 400 BTC to Binance

A Bitcoin whale has just deposited 400 BTC (worth $47.1 million) to Binance, realizing a $91.5 million profit with a 109% ROI. The whale had previously accumulated 1,500 BTC at an average price of $56,282 between June 2023 and November 2024.

This move comes as Bitcoin trades at $117,199 with a market cap of $2.34 trillion. A similar event occurred recently when another whale profited $68.8 million from 1,000 BTC.

Despite taking profits, the whale is still holding 1,100 BTC (worth $129 million), signaling a long-term portfolio strategy amid potential market corrections.

#Bitcoin #Whale #ProfitTaking #Binance #CryptoMarket

https://intel.arkm.com/explorer/address/1DL34fcHHye4BbPq7aixdc58aGo6ejsUkA