A “whale/institution” that liquidated $230 million on February 1st transferred approximately $351 million worth of BTC to Binance in the past two hours.

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According to TechFlow, on February 7th, according to on-chain analyst EmberCN, a whale/institution that liquidated $230 million in long positions on Hyperliquid on February 1st transferred 5,000 Bitcoins (approximately $351 million) to Binance exchange in the past two hours.

The address cluster currently holds 28,000 bitcoins (approximately $1.9 billion) and 818,600 ETH (approximately $1.645 billion).

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