A certain whale/institution transferred 44,000 ETH to Binance this morning, worth 140 million dollars

According to on-chain analyst Yu Jin's monitoring, after making a profit of $24.48 million from shorting ETH, a giant whale/institution that shifted to a long position transferred 44,000 ETH ($140 million) to Binance early this morning.

In the previous few days, they accumulated 444,800 ETH ($1.51 billion) at an average price of $3,398, and also leveraged 1.5 times through borrowing. Now, their ETH is facing an unrealized loss of $110 million.