PANews reported on October 9 that according to the monitoring of on-chain analyst Yu Jin, the whale/institution that hoarded 3,910 BTC (US$261.07 million) from Bitfinex at a price of US$65,813 from June 21 to July 30 transferred 790 BTC (US$49.2 million) to Bitfinex 5 hours ago. Previously, it was withdrawn at a price of US$65,813, and now it is transferred to Bitfinex at a price of US$62,278. This may result in a loss of US$2.79 million.
