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Whale Deposits 1,000 BTC into Binance, Nets $68.8 Million Profit and Holds 1,100 BTC

2025-07-12 00:39:12

Whale Deposits 1,000 BTC into Binance, Nets $68.8 Million Profit and Holds 1,100 BTC

Main Idea

A Bitcoin whale deposited 1,000 BTC into Binance, realizing a $68.8 million profit, while still holding an additional 1,100 BTC.

Key Points

1. A Bitcoin whale transferred 1,000 BTC to Binance.

2. The realized profit from this transaction was approximately $68.8 million.

3. The investor continues to hold an additional 1,100 BTC.

4. The move is part of portfolio rebalancing by high-net-worth individuals.

Description

A prominent Bitcoin whale recently transferred 1,000 BTC to Binance, marking a significant move in the cryptocurrency market. This transaction occurred four months after the whale initially acquired the assets,

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