According to a report by PANews on October 17th, according to Yu Jin, a whale/institution purchased 379.2 BTC (approximately $45.57 million) at an average price of $120,151 a week ago. Following the price drop, they purchased another 187.5 BTC today for 19.77 million USDC at a transaction price of $105,410. This total investment of $65.34 million to purchase 566.9 BTC at an average price of $115,260 results in a floating loss of approximately $5.37 million at current prices.