Wu said that according to @EmberCN, after a whale/institution transferred 1,800 BTC (worth about $114 million) to Binance at 1:40 a.m., the BTC price began to fall, from $63.8K to the current $62.9K. The whale/institution previously withdrew 6,725 BTC (worth about $437 million) from Binance and OKX during 6/20-21. However, perhaps because he was not optimistic about the market, he began to transfer BTC to Binance from 6/27. In the past 5 days, 3,481 BTC (217 million US dollars) were transferred to Binance at an average price of $62.3K. He also holds 7,867 BTC (494 million US dollars).