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
![[Exclusive] Toss Reviews Acquisition of Overseas Crypto Exchange… In Talks With US Institutional Platform](https://media.bloomingbit.io/PROD/news/148973fc-2c49-4ab4-8934-c7e9d49c847b.webp?w=250)
![[Exclusive] Toss sets up a dedicated blockchain unit…begins building digital-asset infrastructure](https://media.bloomingbit.io/PROD/news/76d3ff2d-0b0f-402b-b842-90eeeb7f183d.webp?w=250)