TechFlow reports, according to on-chain analyst Yujin's monitoring, a whale or institution that accumulated 3,910 BTC between June and July transferred 710 BTC worth approximately $43.78 million to Bitfinex six hours ago. Over the past day and a half, this whale or institution has transferred a total of 1,500 BTC—worth around $92.98 million—to Bitfinex. Meanwhile, during this period, Bitcoin's price dropped 3%, falling from $62,200 to $60,400.
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