A Bitcoin whale miner has deposited 1019 Bitcoins into Binance.
August 10th — According to Chainalysis, a Bitcoin whale miner deposited 1019 BTC ($66.42 million) into Binance 7 hours ago. The BTC is reported to originate from a transaction with the institutional trading platform FalconX a year ago at an average price of $116,110. After being held for a year and experiencing a 44% price drop, the BTC has now started moving to a centralized exchange.
As of yesterday, this whale miner has deposited a total of 6,494 BTC ($421 million) to Binance in the last 20 days alone, at an average price of around $64,798.