A certain whale/institution has withdrawn 6,570 BTC from CEX
According to Ember monitoring, 7 hours ago, a whale/institutional address withdrew 6,570 BTC (427 million USD) from Binance and OKX. This whale/institution had previously withdrawn more than 38,000 BTC from Binance and OKX at a price of about $18,500 during the market bottom between October and December 2022. Then from March 2023 to early this month, it transferred approximately 35,200 BTC back to Binance at an average price of about $45,800. The profit could exceed $962 million.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Crude oil is "coming back", but refined oil is "not coming back"; the global refining gap is widening.
According to Goldman Sachs, global refined oil exports have declined by about 6 million barrels per day year-on-year, with the Gulf region and Russia contributing three-quarters of the decrease. Unlike crude oil, which can be rerouted, damaged refineries cannot be relocated, and the Gulf region's refined oil exports have only recovered to 40% of pre-war levels. Goldman Sachs expects global refinery utilization rates to recover only by the second half of 2027; based on this, it has more than doubled its forecast for diesel profit margins in 2027.
Data: Detected an outflow of 35.11 million USDT from a certain exchange
SK Hynix CEO: Memory chip shortage will persist until 2030
Crypto prices
More
