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Deposits 2,325 BNB into Binance After 5 Years

Deposits 2,325 BNB into Binance After 5 Years WikiBit 2025-03-09 01:39

One of the longest stilled BNB whales is back. The whale returned to activity after five years and transferred its 2,325 BNB worth approximately $1.4M to

One of the longest stilled BNB whales is back. The whale returned to activity after five years and transferred its 2,325 BNB worth approximately $1.4M to the Binance. The fast-paced movement of crypto funds attracted market observers and experts who study the way big-scale cryptocurrency whales change their behavior.

A whale just activated after being dormant for 5 years and deposited 2,325 $BNB ($1.4M) into #Binance.

The whale deposited 40,099 $BNB ($802k) 5 years ago, totaling a profit of $1.56M.

The whale withdrew 42,425 $BNB ($648k) from #Binance at a price of $15.28, 7 years ago.…

Historical Activity

A thorough investigation demonstrates that the whale has previously been extremely active. Fifteen million dollars worth of BTC were moved into the Binance by this whale when it added 40,099 BNB to their account five years back.

Seven years ago Binance witnessed this whale withdraw 42,425 BNB which were sold at the exchange rate of $15.28 each. Previous transactions involving this whale have proven profitable as they created a $1.56M profit from the original $802K BNB deposit and $15.28 BNB withdrawal years ago.

A five-year period without activity has given extra importance to this recent Bitcoin deposit. Market sentiment indicators emerge from dormant whale behavior because they return to act after holding a long period and when market environments shift favorably or new asset reallocation possibilities arise.

Recent Activity and Market Impact

Favorable market conditions combined with modifications in the whales investment approach or potential chances on Binance could motivate this move.

This investment brings additional funds to Binance, yet its large-scale transaction could affect public sentiment because retail and institutional investors usually monitor these significant movements. An activated dormant whale supply might motivate additional investors to change their current trading approaches.

Disclaimer:

The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.

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