Whales who hoarded Bitcoin in June-July may have reduced their holdings 5 hours ago, potentially resulting in a loss of $2.79 million

According to on-chain analyst Yu Jin, the whale/institution that previously hoarded 3,910 BTC (worth $261.07 million) from CEX at a price of $65,813 between 6/21-7/30 may have sold off some BTC five hours ago: transferring 790 BTC (worth $49.2 million) into CEX. Previously proposed at a price of $65,813, it is now transferred into CEX at a price of $62,278. This could result in a loss of $2.79 million.