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Ancient Whale Moves 500 BTC to Binance, Realizing $363 Million Profit

According to on-chain analyst Ember, an ancient whale who has held Bitcoin for 13 years transferred 500 BTC to Binance for sale, valued at $33.28 million. This whale accumulated 5,000 BTC in 2013 at a price of $332 per coin and began selling in November 2024. To date, the whale has transferred a total of 4,000 BTC to Binance, with an average selling price of approximately $91,258, realizing a profit of $363 million. The address currently still holds 1,000 BTC, valued at $66.62 million.

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