Giant Whale Makes Large Deposit to Binance, Potential Profits Reach Millions of US Dollars
Publication Time:2024-08-14 11:36:07
According to the monitoring results of on-chain analyst @ai_9684xtpa, starting in July this year, this large investor or institution has accumulated deposits of 8,451 Ethereum on the Binance platform, totaling 27.27 million US dollars, with an average purchase cost of approximately 3,227 US dollars. This suggests that if they were to carry out a selling operation based on current market conditions, the investor is expected to gain a profit of 16.26 million US dollars. However, the address currently still holds 5,308 Ethereum. This series of actions highlights the possibility for large investors or institutions to achieve high returns through precise buying and selling strategies in the cryptocurrency market.
Ethereum
Binance
Cryptocurrency
Investment Return
digital currency trading