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A whale deposited 1,000 BTC to a CEX, suffering a total unrealized loss of over $9 million

3 days ago

On April 7th, as monitored by OnchainLens, a whale or institution deposited 1,000 BTC into Binance (valued at $77.58 million) and also deposited 354.34 BTC into a new wallet address (worth $27.49 million), resulting in a loss of $9.04 million. It should be noted that three weeks ago, this whale/institution withdrew 1,354.34 BTC from Coinbase Custody, which was valued at $115 million at that time.
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