The Crypto Whale: $54 Million Profit from BNB Sparks New Trading Activity

Recent BNB Transactions

Recently, one of the initial adopters of Binance Coin (BNB) has re-entered the crypto trading scene, making significant moves on the Binance platform.

The whale in question deposited a substantial amount of 7,005 BNB, valued at $1.48 million, into their Binance account. This individual has already amassed impressive profits, having earned over $54 million from previous BNB transactions. Presently, their BNB holdings stand at 5,447, valued at $1.15 million.

Historically, this whale withdrew a total of 505,990 BNB from Binance between August 2017 and February 2018, when the coin’s price was approximately $3.6. At that time, these withdrawals amounted to around $1.8 million.

However, as the price of BNB surged, the whale re-entered the market by depositing 500,543 BNB back to Binance at an average price of $112 per coin, totaling an astonishing $56 million.

Remarkable Whale Trading Activity

In another noteworthy development, a cryptocurrency whale with the address 0x8d7 engaged in substantial trading activities on Binance. This individual made a substantial purchase of WorldCoin (WLD), investing a significant sum of $774,000. Following this transaction, the price of WLD surged by 8%.

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