A mysterious whale in the crypto community recently caused a stir by depositing and then withdrawing a large amount of Bitcoin on major exchange Binance, resulting in a $13 million loss within just six days. The whale initially withdrew 1,850 BTC worth $188.7 million from Binance, only to deposit the exact same amount back to the exchange at a considerably lower price of $94,963 per BTC, resulting in a loss of $13 million. The reasons behind this unusual move remain unknown, but it is speculated that the whale may have sold to avoid further losses or may have made a miscalculation in timing. The Bitcoin market is currently experiencing a sell-off, with the cryptocurrency down 3.40% in the last 24 hours to $91,000.



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