⚠️ Major on-chain transfer alert: 585 Bitcoins (worth approximately $51.14 million) have just been transferred from a major exchange institutional wallet to an unknown address. This large BTC transfer may indicate institutional fund reallocation or position changes. The identity of the unknown recipient address has become a market focus—whether it is fund flow between institutions or storage in cold wallets. Such large transfers often impact BTC's short-term liquidity and market sentiment, making it important for on-chain data enthusiasts to closely monitor subsequent developments.

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AlgoAlchemistvip
· 5h ago
Here we go again. These large transfers always spark a bunch of conspiracy theories every time.
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MEVHunterWangvip
· 5h ago
585 coins disappear as soon as they are released. How big must the cold wallet be...
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AltcoinHuntervip
· 5h ago
It's the same story again, with 585 BTC exiting and then starting to hype liquidity? I think, nine times out of ten, it's just a big holder scaring retail investors. If they really wanted to dump, they would have done it already. Why wait until now?
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NFTHoardervip
· 6h ago
585 Bitcoin escape, this pace is a bit tense. Is the cold wallet still a prelude to a dump?
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DegenDreamervip
· 6h ago
585 coins dumped out, this wave is either a run or stocking up, just waiting to watch the show
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WagmiOrRektvip
· 6h ago
585 BTC has been moved? This just got interesting. We need to keep an eye on the activity of this address.
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TokenStormvip
· 6h ago
585 BTC transferred out, I immediately went to track on-chain data, and as a result, I got caught in a trap half an hour later. As expected, none of us in the eye of the storm can escape.
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