According to @OnchainLens, a whale deposited 500 BTC worth USD 45.61M into Binance after holding the coins for 1.5 months. According to @OnchainLens, the position shows a loss of USD 10.8M based on the reported valuation, implying an estimated cost basis near USD 112,820 per BTC and a per-coin drawdown of roughly USD 21,600 derived from the same figures. According to @OnchainLens, the wallet address is bc1ql5vudkyn25avzlfv4rjzwrjen7em060mp8pwgg, providing a verifiable reference for tracking subsequent on-chain movements from this entity.

According to @lookonchain, an address labeled BitcoinOG (1011short) deposited 500 BTC (about USD 54.98M) to Kraken roughly 2 hours ago (source: @lookonchain). @lookonchain notes this wallet has been repeatedly sending BTC to exchanges, describing it as 'keeps dumping BTC,' which is relevant for traders monitoring near-term sell pressure and exchange inflows on BTC spot markets (source: @lookonchain).

According to @GreeksLive, today's largest block trade involved a sell of Bitcoin call calendar spread with a notional value of 500 BTC (approximately $43,650,800). The transaction was conducted as part of a quarterly delivery position adjustment, utilizing options expiring on Thursday and Saturday. This indicates a strategic move by a large account to manage exposure and potentially capture premium decay over time.