PANews reported on August 25 that according to Lookonchain monitoring, after the BTC price rose, a whale deposited 590 BTC (US$38 million) into Binance, or made a profit of more than US$15 million. The whale purchased 590 BTC (US$22.7 million) from Binance on October 20, 2023, February 21, 2024, and April 16, 2024 at an average price of US$38,472.