The address associated with Lorenzo Protocol recharged 560 BTC to CEX in the early morning, with an estimated profit of 11.86 million US dollars

PANews reported on April 28 that according to monitoring by on-chain analyst @ai_9684xtpa, the Lorenzo Protocol-associated address 3E92s...1J7ckq deposited a total of 560 BTC to Binance and OKX nine hours ago. If sold, it would make a profit of US$11.86 million.

This part of BTC was withdrawn from the exchange at an average price of US$72,835 between 2024.10.15 and 2024.11.29. When the BTC price reached ATH last year, the floating profit was as high as US$18.65 million.