PANews reported on January 10 that according to Spot On Chain monitoring, a whale deposited 612 bitcoins (about 57.6 million US dollars) into Binance 12 hours ago. This whale withdrew 650 BTC from Binance in April 2023 and January 2024, with an average withdrawal price of only 38,331 US dollars.

If sold at $94,117, the whale would realize a profit of $34.14 million (+146%) in approximately 2 years.