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Large BTC transfer signal: Unknown platform has absorbed 1,300 Bitcoins within 7 days. Where does this money come from?
【Crypto World】Interesting developments have surfaced. On-chain data tracking shows that a set of addresses related to a historical hacking case transferred 1,300 BTC to a certain exchange platform in the past seven days, which is approximately $114 million at current prices.
Even more noteworthy is the overall holdings of these addresses—they still hold 4,100 BTC, worth about $360 million. From another perspective, this series of addresses has sold off 2,300 BTC since the beginning.
The appearance of this anomaly naturally piques market participants’ curiosity: Is this positioning for a new trading direction, or is it gradually clearing out? Every move by large addresses can often shake the market’s nerves.