A Bitcoin whale transferred all 1,105 BTC it had held for about seven months to Binance, with the position worth about $69.43 million at current prices and implying a roughly $26.9 million loss. On-chain records cited by Ember show the holder withdrew the Bitcoin from Binance and OKX between last November and this February at an average price of about $87,200 before returning the full amount to Binance. The move suggests a complete exit by a large holder and may represent a stop-loss sale, underscoring how whale transfers back to exchanges can signal potential selling activity and realized losses.