According to the monitoring of on-chain analyst Yu Jin, after a whale/institution transferred 1,800 BTC (about $114 million) to Binance at 1:40 a.m., the price of BTC began to fall, from $63,800 to the current $62,900. -This whale/institution previously withdrew 6,725 BTC (about $437 million) from Binance and OKX between June 20 and 21. -However, perhaps because he was not optimistic about the market, he began to transfer BTC to Binance on June 27; in the past 5 days, he transferred 3,481 BTC (about $217 million) to Binance at an average price of $62,300. -He also holds 7,867 BTC (about $494 million).