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TechFlow reports that on April 7, blockchain analyst Ember (@EmberCN) observed a whale who purchased a total of 510 BTC at an average price of $98,190 per BTC via Binance between January and March last year—spending approximately $50.07 million. Today, this whale exited the position at a loss, transferring 300 BTC (valued at approximately $20.6 million) to Binance. The sale is expected to result in a loss of roughly $8.82 million.
According to on-chain analyst Ember (@EmberCN), a whale who purchased 510 BTC at an average price of $98,190 between January and March last year via Binance—spending approximately $50.07 million—chose to cut losses and exit today, transferring 300 BTC (worth ~$20.6 million) to Binance. This sale is expected to realize a loss of approximately $8.82 million.
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