Bitcoin Whale Moves 500 BTC to Binance After February Purchase
A large Bitcoin holder transferred 500 BTC to Binance one hour ago. The holder bought 807 BTC in February and realized gains on the recent transfer.
techjuice.pkA Bitcoin holder who purchased 807 BTC in February transferred 500 BTC to Binance one hour ago. The transaction occurred at a price of $78,080 per BTC. The same holder acquired the coins at $67,646 each.
The transfer involved 500 BTC valued at approximately $39.04 million. The holder originally spent about $54.59 million on the full 807 BTC position. The move marks a partial profit-taking action by the holder. The holder realized an estimated $8.42 million gain on the 500 BTC transferred to Binance.
Key Facts
Story Timeline
2 events- February
Holder bought 807 BTC at $67,646 each.
1 source@EmberCN - Today
Holder transferred 500 BTC to Binance at $78,080 per coin.
1 source@EmberCN
Potential Impact
- 01
The transfer increases available supply on Binance exchange.
Transparency Panel
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