A Whale Liquidates 1,105 BTC, Incurring a $26.9 Million Loss

BlockBeats News, June 19th, according to on-chain analyst ChainInfo, a whale today liquidated 1105 BTC held for about 7 months, worth around $69.43 million, with a loss of approximately $26.9 million.

This whale had previously withdrawn BTC from Binance and OKX to on-chain wallets between November last year and February this year at an average price of $87,181. Today, all of these BTC have been transferred to Binance, resulting in a realized loss of about $26.9 million.