Whale behind $230M liquidation withdraws $48.5M in BNB from Binance

A whale who lost $230 million in a long position liquidation on Hyperliquid in February has withdrawn 71,000 BNB, worth $48.46 million, from Binance, EmberCN reported on X. The withdrawal comes just days after the same whale deposited 577,000 ETH, valued at $1.351 billion, to the exchange. This has led to speculation that the investor may have sold a portion of the ETH to acquire the BNB.