A whale transferred 500 BTC to Binance an hour ago; if it sells them, it will make a profit of $8.42 million.

CoinFeed reported on May 17th that, according to on-chain analyst Ember, a whale who bought 807 BTC ($54.59 million) at $67,646 in February chose to take profits one hour ago, transferring 500 BTC ($39.04 million) to Binance. This whale made a profit of $8.42 million on BTC: buying at $67,646 in February and transferring it to Binance today at $78,080.