🔽 Two whales, along with authorities from the US, Germany, and Mt. Gox, contributed to the decline of Bitcoin by selling 9,301 BTC.

Analysts at Lookonchain found two whales that sent 9,301 BTC ($563 million) to Binance starting on June 27.

🕯 They also analyzed the timing of the transfers and found a correlation with the decrease in Bitcoin's price. One of the wallets still holds 4,300 BTC.