Whale Transfers 1,000 BTC to Binance at a Loss | Flash News Detail | Blockchain.News

Whale Transfers 1,000 BTC to Binance at a Loss

9/6/2024 8:07:37 AM

Whale Transfers 1,000 BTC to Binance at a Loss

According to Spot On Chain, a large Bitcoin whale transferred 1,000 BTC, valued at approximately $55.36 million, to Binance about 25 minutes ago, incurring a loss. Previously, this whale had withdrawn 2,322 BTC from Binance between August 29 and September 3 at an estimated cost of $136 million, with the Bitcoin price around $58,597. At the current Bitcoin price, this position is estimated to be at a loss. (Source)

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