ChainCatcher message display shows that, according to monitoring data from Spot On Chain, a large holder (commonly known as a 'whale') deposited 612 Bitcoins into Binance 12 hours ago. This whale had previously withdrawn 650 Bitcoins from Binance in April 2023 and January 2024, with an average withdrawal price of $38,331.

If this whale sells these Bitcoins at a price of $94,117, they will realize a profit of approximately $34.14 million over about two years, representing a 146% increase. This trading movement has drawn market attention to the price trend of Bitcoin, while also providing a new perspective for on-chain data analysis. Market participants can closely monitor the potential impact of such large transactions on the overall market.