During late Asian trading hours, a significant Bitcoin whale withdrew 1,100 BTCs from Binance.
This whale is recognized for its strategic buying of Bitcoins at low prices and selling them at higher rates.
The whale had accumulated 2,947 BTCs between November 2023 and January 2024 at an average price of $44,300.
With careful planning and research, it sold 315 BTCs for a substantial profit, amounting to $62 million.