A whale liquidated their position after holding for 7 months, transferring 1,105 BTC to Binance and incurring a loss of $26.9 million

According to on-chain analyst EmberCN, a whale has today liquidated its position of 1,105 BTC, held for 7 months, valued at $69.43 million, incurring a loss of $26.9 million. Between November last year and February this year, the whale had withdrawn these BTC from Binance and OKX at an average price of $87,181. Today, the whale transferred all these BTC back to Binance, realizing a loss of $26.9 million.