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Early investors in Binance have seen their returns exceed 5,000 times their initial investment, while a certain "whale" continues to take profits.
Svmuu News: According to on-chain analyst Yu Jin,a certain whale continued to take profits today, selling 7 million Binance tokens worth $4.95 million. Of these, 6.9 million were transferred to Binance, valued at $4.88 million, while 100,000 were sold on-chain for BNB, worth $70,000.This whale spent 2.14 BNB (worth $2,480) within half an hour of the Binance launch last October to purchase 18.5 million Binance and held them until recently.The whale began taking profits in June and has so far sold 10.5 million Binance tokens, worth $7.33 million. They still hold 8 million Binance tokens on-chain, worth $5.71 million, turning the initial $2,480 investment into over $13 million.
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Disclaimer: This content reflects the author's personal views only and does not constitute investment advice.
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