According to ChainCatcher, spotonchain on-chain data shows that a smart money withdrew 1,100 bitcoins (worth about $64.2 million) from the Binance exchange about 14 hours ago. The whale accumulated 2,947 bitcoins at an average price of $44,300 in the early stage of the price increase from November 2023 to January 2024, accounting for most of its holdings.

At several local highs in March and August 2024, 315 bitcoins were sold at an average selling price of $60,384.

The current holding is 3,823 bitcoins, worth about $227 million. The estimated total profit is $61.8 million, with a yield of 34%.