Suspected Miner Address Transfers 1019 BTC to Binance, Incurs Approximately 44% Loss

According to monitoring by on-chain analyst Ember (@EmberCN), a suspected miner address has cumulatively deposited 6,494 BTC (approximately $421 million) to Binance over the past 20 days, at an average price of approximately $64,798; of this, 2,802 BTC (approximately $182 million) were transferred in just the last two days. Notably, the latest batch of 1,019 BTC (approximately $66.42 million) originated from funds received from institutional trading platform FalconX one year ago, when the average price was approximately $116,110, reflecting a value decrease of approximately 44% after holding for a year before being transferred to the exchange.