COINOTAG News on August 27 reported that, according to monitoring by The Data Nerd, a BTC whale deposited 750 BTC into Binance after a 12‑year custody period. On‑chain records show the transfer was valued at approximately $83.11 million at the time of the deposit, representing a notable shift of long‑term holdings onto an exchange.
Based on the disclosed historical cost basis near $122 per BTC roughly 12 years ago, the position corresponds to an estimated realized gain of about $83 million on the 750 coins and an investment multiple near 907x. These figures reflect documented on‑chain metrics and should be viewed as factual reporting rather than an indication of future market behaviour.