Whale 35TZj has just made a significant move, depositing 300 BTC ($18.2 million) to Binance at a loss from the address 35TZjtyCihT6KRCGqtyAgJtJAxvftiX2cR.

This deposit is part of the whale's second BTC trading cycle. Here's a breakdown:

The whale withdrew 855 BTC from Binance at an average price of $63,847 (estimated cost: $54.6 million) on July 10, 22, and 23, 2024.

So far, the whale has deposited 597 BTC back to Binance at an average price of $56,854 ($33.9 million) on August 5 and 23, 2024.

Current Holdings:

The whale still has 259 BTC ($15.7 million) left, with an estimated total loss of $5 million (-9.16%) from this trading cycle.

Interestingly, during the whale's first BTC trading cycle in early March, they made an estimated profit of $487K (+3.7%) in just 10 days.

#BTC☀ $BTC