Whale Sells 1,067,930 SNX on Binance, Causing 7.4% Price Drop

According to @EmberCN, a whale transferred 1,067,930 SNX (worth $2.1M) to Binance for sale 4 hours ago, resulting in a 7.4% price drop for SNX (from $1.964 to $1.819). These SNX tokens were initially withdrawn from Binance between January 31, 2023, and July 12, 2023, at an average price of $2.173. The whale sold the tokens today at $1.891 each, incurring a $0.3M (-13%) loss on this SNX investment.
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@EmberCNAnalyst about On-chain Analysis