Bitcoin Deposit Alert: Lorenzo Protocol-Linked Address Moves Massive BTC to Exchanges

Quick Summary:

Big moves are happening in the crypto world, and when large amounts of Bitcoin change hands, the market pays attention.

A significant Bitcoin deposit has just occurred, involving an address connected to the Lorenzo Protocol.

However, based on the reported potential profit, the actual acquisition cost basis for this BTC was likely significantly lower than that figure, aligning more closely with prices seen in late 2023.

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Article Details

Author / Journalist: Editorial Team

Category: Crypto

Markets: India

Topics: BITCOIN BINANCE Onchain analysis Lorenzo Protocol Okx Bitcoin News Crypto News

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-28 @ 11:50:15 (14 hours ago)

News Timezone: GMT +8:00

News Source URL: bitcoinworld.co.in

Language: English

Article Length: 694 words

Reading Time: 4 minutes read

Sentences: 36 lines

Sentence Length: 20 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © BitcoinWorld

News ID: 28248350

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About BitcoinWorld

Main Topics: Crypto

Official Website: bitcoinworld.co.in

Update Frequency: 54 posts per day

Year Established: 2020

Headquarters: India

News Last Updated: 9 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +8:00

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Publisher ID: #121

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