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Whale/Institution Sells 1,000 BTC at a Loss on Binance | Flash News Detail | Blockchain.News
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9/6/2024 7:54:16 AM

Whale/Institution Sells 1,000 BTC at a Loss on Binance

Whale/Institution Sells 1,000 BTC at a Loss on Binance

According to @EmberCN, a whale or institution that withdrew 2,322 BTC from Binance at $58,604 per BTC (totaling $136.1 million) between August 29 and September 3, has transferred 1,000 BTC back to Binance 15 minutes ago at $55,630 per BTC, incurring a loss of $2.97 million. This rapid sell-off after a recent purchase suggests a bearish outlook on the market.

Source

余烬

@EmberCN

Analyst about On-chain Analysis