The whale is going to sell. Is it going to fly?

The whale/institution that hoarded 3,910 BTC ($261.07M) from Bitfinex at $65,813 from 6/21 to 7/30 may have sold some of the BTC 5 hours ago: 790 BTC ($49.2M) was transferred to Bitfinex.

Previously withdrawn at $65,813, now transferred to Bitfinex at $62,278. A possible loss of $2.79M may be generated.