On April 24, according to on-chain data analyst Yu Jin's monitoring, a whale/institutional address transferred 1,485 BTC (approximately $138 million) to Binance 30 minutes ago, making a profit of $50.13 million on BTC after holding for 11 months.
It is reported that they had cumulatively withdrawn 5,700 BTC from Binance to an address over the past 11 months, with an average price of $80,449. Two months ago, they began gradually transferring BTC to Binance for sale, and today's 1,485 BTC is the final batch. Overall, the average transfer price to Binance was $89,244, which made $50 .these 5,700 BTC.
