Whale Moves $12M BIO to Binance, Up 436% in Profit
A whale deposited $12M in BIO to Binance after vesting unlock, now sitting on $3.72M in profit (+436%).
- Whale transferred $12M BIO to Binance after vesting unlock
- Accumulated 15M BIO earlier at $0.057, now worth much more
- Sits on a profit of $3.72M, marking a 436% gain
Whale Makes Major BIO Token Move to Binance
A significant whale transaction has just hit the blockchain. Wallet 0xe0ba deposited 12 million BIO tokens (worth $3.79 million) to Binance, just 40 minutes after receiving 4.8 million BIO ($1.53 million) from the BioProtocol vesting wallet.
The timing and size of the transaction suggest a likely preparation for liquidation, especially as the whale is now deep in profit after holding through multiple market cycles.
436% Profit After Timely Accumulation
On-chain records reveal that the same whale withdrew 15 million BIO from Binance five months ago when the price was just $0.057 per token. Fast forward to today’s price, and the whale’s stash is now worth a staggering $4.57 million—up 436%, resulting in a total profit of approximately $3.72 million.
This calculated move shows how early accumulation, combined with strategic timing and vesting unlocks, can turn into a significant win in the volatile crypto space.
Will This Dump Pressure BIO Price?
With millions in BIO being moved to Binance, concerns naturally arise about potential sell pressure. Large token movements from vesting wallets to exchanges often precede sell-offs, especially when significant profit is involved.
Investors and traders in the BioProtocol ecosystem will likely monitor Binance closely in the coming hours and days to see if this whale begins offloading his position, which could impact short-term price action.
For now, this remains one of the more profitable and strategic whale plays in the recent altcoin market.
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