According to Jinse Finance, according to the monitoring of on-chain analyst Yu Jin, the whale/institution that previously transferred 7,790 BTC to Binance at an average price of $60,113 from June 27 to July 8 may have started to hoard BTC again: 50 minutes ago, 1,000 BTC (59.63 million USD) were withdrawn from Binance at a price of $59,634. The address had previously withdrawn 6,725 BTC (437.64 million USD) from Binance and OKX at an average price of $65,077 on June 20-21, and then transferred 7,790 BTC (468.28 million USD) to Binance at an average price of $60,113 from June 27 to July 8, which may have realized a loss of $38.66 million.