Bitcoin Whale Reactivates After 3 Years, Deposits 200 BTC to Binance, Securing Over $27 Million in Profit

COINOTAG News, citing Onchain Lens analytics, reports a long-dormant Bitcoin wallet reactivated after years, transferring 200 BTC to Binance in a single move. Valued at roughly $18.46 million at current prices, the deployment underscores renewed on-chain activity from a large holder and may influence near-term liquidity dynamics on centralized venues.

That same address previously amassed 400 BTC at an average entry near $24,500, a stake valued at about $9.83 million at the time. With the latest transfer, reported profit exceeds $27.03 million, illustrating the stark gains relative to the original cost basis. The event demonstrates how Bitcoin whale activity is being tracked by COINOTAG News and on-chain analytics, informing risk assessment and liquidity planning.