According to BlockBeats news on July 21, on-chain data analyst Yu Jin monitored that a whale address holding BTC for 12 years transferred 250 BTC (approximately $29.68 million) to Binance 1 hour ago.
This whale address received and hoarded 5,000 BTC (approximately $1.66 million at that time) 12 years ago (November 2013), when the price was only $332.
He started selling the 5,000 BTC after holding them for 11 years (November 2024) and has sold a total of 1,000 BTC (approximately $102 million) over the past 8 months, with an average selling price of $102,410. He still holds 4,000 BTC (approximately $474 million).
