Summary
- The Data Nerd confirmed that a 12-year-old human whale transferred 750 Bitcoin to Binance.
- It is known that this whale received the same amount of Bitcoin when it was priced at $122, with estimated profits of $83 million.
- The occurrence of large-scale coin deposits to exchanges may lead to increased selling pressure and short-term volatility.
It has been reported that a human whale has transferred 750 Bitcoin (BTC) to Binance.
On the 27th (local time), The Data Nerd announced via X (formerly Twitter), "A 12-year-old human whale address transferred 750 BTC to Binance."
It is known that this whale received this amount of Bitcoin when it was priced at $122. The estimated profit is about $83 million.
Generally, large deposits of coins to exchanges can lead to an increase in selling pressure, which may result in heightened short-term volatility.
Son Min
sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit
![[Market] Bitcoin slips below $75,000…Ethereum also falls under $2,200](https://media.bloomingbit.io/PROD/news/eaf0aaad-fee0-4635-9b67-5b598bf948cd.webp?w=250)
![[Today’s Key Economic & Crypto Calendar] US January Manufacturing PMI, etc.](https://media.bloomingbit.io/static/news/brief_en.webp?w=250)
![[Market] Bitcoin breaks below $76,000 as selloff shows no sign of easing](https://media.bloomingbit.io/PROD/news/0b328b54-f0e6-48fd-aeb0-687b3adede85.webp?w=250)