Crypto NewsBinance CoinThe Whale, Who Profited $54 Million from BNB, Made New Trades Today

The Whale, Who Profited $54 Million from BNB, Made New Trades Today

One of the early adopters of the BNB ecosystem has started doing some trading on Binance again.

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According to a recent development, one of the first BNB adopters started performing transactions again on the cryptocurrency exchange Binance.

In a recent development, one of the first users of Binance Coin (BNB) made significant transactions on the Binance platform. The whale in question deposited 7,005 BNB, equivalent to $1.48 million, into his Binance account. This person has already made over $54 million in profits from BNB and currently holds 5,447 BNB worth $1.15 million.

The whale wallet withdrew a total of 505,990 BNB from Binance between August 2017 and February 2018, when the price of the coin was around $3.6. The total value of these withdrawals was approximately $1.8 million at the time.

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However, as the BNB price rose, the whale wallet deposited 500,543 BNB back to Binance at an average price of $112, which works out to a staggering $56 million.

Talking about another remarkable whale trading on Binance, a cryptocurrency whale known with the short address 0x8d7 purchased a large amount of WorldCoin (WLD) in his transactions yesterday. Simultaneously, after the purchase of $ 774 thousand, WLD price increased by 8%.

*This is not investment advice.

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