Whale deposited the first 301 BTC ($18.65M) to Binance after holding for 5 years

Language

English

Dark mode

17 hours

SOC Team

Whale deposited the first 301 BTC ($18.65M) to Binance after holding for 5 years

Outflow

Related addresses

14sUCtAQf5z3X6ZJxuKPFGr3ZcFWGoadc3

1JA46eiDpfx589wawn5RvtEXgwc518QfhZ

193ELBTdxegYpfM58m2BGJSfrKmdUEE36Z

Total tokens transferred

301

BTC

Related transactions

14sUCtAQf5z3X6ZJxuKPFGr3ZcFWGoadc3

Binance deposit

Sep 19, 00:05

Whale 14sUC just deposited 301 BTC ($18.65M) to Binance for a massive profit:

transaction: 417db5067f79c7b06528c022904b10c3829d4afbb4eafe20a433d21782661ce0
current address: 14sUCtAQf5z3X6ZJxuKPFGr3ZcFWGoadc3
original address: 193ELBTdxegYpfM58m2BGJSfrKmdUEE36Z

Notably, the whale withdrew 801 BTC from HTX at only $10,326 on average (estimated cost: $8.27M) on August 12 and 16, 2019. After the BTC price rebounded following the Federal Reserve's 50-bps interest rates cut, the whale decided to unload the very first 301 BTC at $61,960 for profit after over 5 years of holding.

Currently, the whale still holds 500 BTC ($31M) at wallet address 1JA46eiDpfx589wawn5RvtEXgwc518QfhZ. The whale's estimated total profit from BTC stands at $41.4M (x5).

Fig 1. The overall BTC trading history of Whale 14sUC.

#btc

#bitcoin

#deposit

#binance

#profit

#massive

#dormant

#inactive

#fed

#interest rate

#cut

Related visualizers

Whale 14sUC deposited the first 301 BTC ($18.65M) to Binance after holding for 5 years

Last synced: Sep 19, 02:26

Related signals

2024 Sep 19 - 04:15

Whale withdrew 120 BTC ($7.45M) from Binance

Whale 1C3J1 just withdrew 120 BTC ($7.45M) from Binance at $62,045. Notably, this is the whale's first significant withdrawal of BTC despite having been around since August 6, 2024. The BTC price rebounded by over 3% (24H), as the FED cut interest rates by 0.5% after 4 years.

2024 Sep 19 - 04:10

US Bitcoin and Ethereum ETF Net Inflows Update on September 18, 2024

The US Spot ETFs saw dual net outflows of $52.7M for BTC and $9.8M for ETH after the September 18, 2024 trading day. Notably, 10 out of the 11 US BTC ETFs saw non-positive flows yesterday, led by the ARK 21Shares Bitcoin ETF (ARKB) with an outflow of $43.4M.

2024 Sep 18 - 03:47

US Bitcoin and Ethereum ETF Net Inflows Update on September 17, 2024

The US Spot ETFs saw a net inflow of $187M for BTC and a net outflow of $15.1M for ETH after the September 17, 2024 trading day. Notably, the net flow for the 11 US BTC ETFs rebounded strongly again as the BTC price broke through $61,000 yesterday.