According to Ember, after a whale/institution transferred 1,800 BTC (114 million USD) to Binance at 1:40 AM, the price of BTC began to decline, from 63,800 USD to 62,900 USD now. The whale/institution previously raised 6,725 BTC (437 million USD) from Binance and OKX during the 6/20-21. However, it may be that he is not optimistic about the market, he has transferred BTC to Binance since 6/27. In the last 5 days, he transferred 3,481BTC (217 million USD) to Binance at an average price of 62,300 USD. The whale also holds 7,867 BTC (494 million USD).