According to @EmberCN, after a whale/institution transferred 1,800 BTC (worth about $114 million) to Binance at 1:40 a.m., the BTC price began to fall, from $63.8K to the current $62.9K. The whale/institution previously withdrew 6,725 BTC (worth about $437 million) from Binance and OKX during 6/20-21. However, perhaps because he was not optimistic about the market, he began to transfer BTC to Binance from 6/27. In the past 5 days, 3,481 BTC (US$217 million) were transferred to Binance at an average price of $62.3K. He also holds 7,867 BTC (US$494 million).
A whale/institution transferred $114 million of BTC to Binance
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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