TechFlow reports that on February 21, on-chain analyst Onchain Lens (@OnchainLens) observed the “1011 insider whale” has sold approximately 60% of its BTC holdings. After depositing 11,318 BTC (valued at roughly $760.61 million) into Binance, the whale transferred $464.48 million worth of USDT to seven newly created addresses. Its remaining BTC holdings on Binance are currently valued at approximately $296 million, with further actions potentially forthcoming.
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