Whale dumps 1,105 BTC after 7 months, losing about $26.9 million

CoinFeed June 19 news, according to Ember Monitoring, an address transferred all 1,105 BTC held for about 7 months to Binance, exiting the position. At current prices, this is worth approximately $69.43 million, realizing a loss of about $26.9 million. On-chain records show that the whale withdrew BTC from Binance and OKX to on-chain at an average price of about $87,200 between last November and February this year. This full return to the exchange may indicate a phased stop-loss exit.