The Lorenzo Protocol-associated address deposited 560 BTC to Binance and OKX. If sold, it would make a profit of $11.86 million

Odaily Planet Daily News According to the monitoring of on-chain analyst @ai_9684xtpa, the address associated with Lorenzo Protocol deposited a total of 560 BTC to Binance and OKX nine hours ago. This batch of BTC was withdrawn from the exchange at an average price of US$72,835 between October 15 and November 29, 2024. If sold now, it is expected to realize a profit of US$11.86 million. When the BTC price hit an all-time high last year, the floating profit of this batch of positions was as high as US$18.65 million.