# Bitcoin Holders Transfer $143.6 Million in BTC to Binance and Kraken

By Enna Lee

Canonical URL: https://www.tokenpost.com/news/investing/55248
Published: 2026-11-12T10:34:51.000Z
Updated: 2026-11-12T10:34:51.000Z
Section: Investing

> One position carried a projected $27.73 million gain; the other carried a projected $30.36 million loss.

Two long-term Bitcoin holders transferred 1,929.5 BTC worth about $143.6 million to Binance and Kraken Wednesday; the positions carried projected gains of about $27.73 million and projected losses of about $30.36 million, respectively.

One holder sent 1,000 BTC to Binance at about 2:20 p.m. ET (19:20 UTC). The holder had accumulated the Bitcoin about five years earlier at roughly $46,700 per coin. The position carried a projected gain of about $27.73 million.

Another holder transferred 929.5 BTC to Kraken at about 4:20 p.m. ET (21:20 UTC). The holder had acquired the Bitcoin about a year earlier at roughly $107,125 per coin. The position carried a projected loss of about $30.36 million.

No sale was reported.