Dormant Whale Moves 300 BTC to Binance, Realizing Gains of Approximately 2.8 Billion Yen

2026/04/27 08:56 (Updated 2026/04/27 12:01)
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Written by Enzo
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Dormant Whale Moves 300 BTC to Binance, Realizing Gains of Approximately 2.8 Billion Yen

Acquired Three Years Ago for About 2.6 Million Yen

On-chain analysis platform Lookonchain reported on the 26th that a major investor (whale), who had been inactive for two years, deposited 300 BTC (approximately $23.4 million, about 3.58 billion yen) into Binance. According to Lookonchain, this 300 BTC was withdrawn from Bitfinex three years ago when the price of BTC was $19,329, which was approximately 2.6 million yen per BTC at the time.

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MAGAZINE

Iolite Vol.19

May 2026 issueReleased on 2026/03/30
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