Smart whale 3MVqp deposited all 635.5 BTC ($23.2M) to Binance at $36,501 just now:

• transaction: 66bb9c5d1765a0c235d022f34658fa3a819acaebfd66d2999f54c5f191555fb9

• address: 3MVqpffHLe5qr2KrKyvtvgzHcHg6mYef6r

Notably, the whale managed to close his BTC deal right before the US Department of Justice announced major crypto enforcement actions, and Binance's ex-CEO Changpeng Zhao (CZ) was found guilty of money laundering, causing the market to crash.

Overall, whale 3MVqp has made over $40M from BTC by buying at lows and selling at highs:

1. First cycle:

• accumulated 1,636 BTC ($27.8M) from Binance at an average price of $16,970 from November 30 to December 17, 2022
• deposited all 1,636 BTC ($44.3M) to Binance at $27,060 on March 8, 2023
• estimated realized profit: $16.5M.

2. Second cycle:

• accumulated 2,690 BTC ($74.6M) from Binance at an average price of $27,754 from May 8 to August 21, 2023
• deposited all 2,690 BTC ($98.7M) to Binance at an average price of $36,726 on November 17 and 21, 2023
• estimated realized profit: $24M.

Fig 1. Whale 3MVqp deposited 635.5 BTC ($23.2M) to Binance just now.