On July 20, a significant transaction was recorded by Yujin monitoring, highlighting a major Bitcoin whale activity. An investor who had held BTC for three years executed a strategic profit-taking move by transferring 131 BTC, valued at approximately $15.45 million, to the Binance exchange. This transfer resulted in a realized gain of $13.19 million, underscoring the long-term value appreciation of Bitcoin. Such large-scale movements often signal shifts in market sentiment and liquidity, making this event noteworthy for traders and analysts tracking institutional behavior within the cryptocurrency market.
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Source: https://en.coinotag.com/breakingnews/whale-cashes-out-131-btc-on-binance-realizing-13-19-million-profit-after-3-years/