Odaily reported that, according to monitoring by Onchain Lens, a whale address deposited 810 BTC into Binance. The Bitcoin involved in the transfer was valued at $50.82 million, while the related loss was recorded at $9.4 million.
The disclosed information focuses on the on-chain transfer itself, including the receiving platform, the amount of BTC, the dollar value of the assets, and the loss figure. The report did not identify the whale address owner or provide details about any subsequent trading activity. Binance was the platform that received the deposit in this monitored transaction.
This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan.