A smart bitcoin jelly deposited 400 BTC on the binance, securing a profit of $90 million.
Despite making a profit, the whales still hold about 1,100 BTC worth around $199 million.
Bitcoin is trading at nearly $118,750, with strong institutional influx and bull market sentiment continuing.
The savvy bitcoin jilla once again showed that there will be great benefits to those who wait and plan. Meanwhile, on-chain analytics platform LookonChain shared that the whale made more than $91 million with a 109% ROI. What’s interesting is that this investor still holds over 1,100 BTC.
Let’s jump to the details!
Bitcoin Zilla earned $91.5 million in profit
According to the data, the whale sent 400 btc (valued by $47.1 million) to Vinance early today to make a profit. What’s appealing is how consistent this investor has been over the past year.
Whale began accumulating Bitcoin in June 2023 and November 2024, purchasing a total of 1,500 BTC at an average price of $56,282 per coin. The investment totaled around $84.4 million.
Fast forward to now, Bitcoin is almost twice as much. The whales created two separate deposits, 200 btc, each, just 7 and 2 hours ago. However, this calculated strategy pays off with gross profits of over $91.5 million and its return on investment is impressive.
The whale still holds over $129 million in bitcoin
Even after a recent sale, this wallet is far from empty. The whale still holds 1,100 BTC, worth around $129 million, showing confidence in Bitcoin’s long-term outlook despite profits.
Smart Bitcoin Zilla deposited $400 BTC ($47.1 million) with #Binance today to make a profit.
The whale accumulated $1,500 BTC ($844 million) with an average price of $56,282 in June 2023 and November 2024, and holds $1,100 ($129 million).
Total profit: $91.5 million+
ROI: 109%…pic.twitter.com/zbjraztzh8– lookonchain (@lookonchain) July 21, 2025
Such moves are often seen as a way for large investors to balance their risks and balance profits while leaving them in a game sufficient to benefit from future price surges.
Bitcoin price outlook
As of now, Bitcoin prices have traded around $118,750, reflecting a slight increase over the past 24 hours. However, Crypto Market’s total capital has risen to $2.35 trillion, supported by institutional influx and strong demand from ETFS and spot buyers.
Such whale activities highlight the current stage of profit acquisition as the market remains bullish. Analysts believe these moves could serve as short-term price pressures, but overall sentiment remains strong.
Bitcoin is retained above the $115,000 support level, so more people are looking forward to it in the coming weeks.