A whale transferred 1,200 BTC to Binance, and would lose $4.5 million if sold

According to TechFlow, an on-chain data analyst Yu Jin monitored a whale address that withdrew 6,725 BTC ($437 million) from Binance and OKX at an average price of $65,077 on June 20-21, and transferred 1,200 BTC ($73.47 million) to Binance 20 minutes ago.

It is unclear whether the whale plans to sell these BTC, but if sold at the current BTC price, it would likely result in a loss of $4.5 million (-5.7%).