A whale deposited 500 BTC into Binance and is expected to lose approximately $10.8 million.

According to Onchain Lens monitoring, a whale address deposited 500 BTC (approximately $45.61 million) into Binance after holding the asset for 1.5 months. This whale previously withdrew the funds from Binance when they were worth approximately $55.79 million. Selling the deposited assets would result in a loss of approximately $10.8 million.