Wu said that according to @EmberCN, the whale/institution that hoarded 3,910 BTC in June and July transferred another 710 BTC to Bitfinex 6 hours ago, worth about $43.78 million. In the past day or so, the whale/institution has transferred a total of 1,500 BTC to Bitfinex, worth about $92.98 million. At the same time, the price of BTC fell by 3% during this period, from $62,200 to $60,400.