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Large asset management institutions have been frequently withdrawing assets from mainstream trading platforms in the past two days. They have cumulatively withdrawn 7,146 Bitcoins and 6,851 Ethereum, totaling over $690 million — with Bitcoin valued at approximately $668.38 million and Ethereum at about $21.91 million. Notably, in the recent round of operations, the institution withdrew as many as 3,948 Bitcoins and 1,737 Ethereum in a single transaction. Such large on-chain transfers usually reflect institutions' asset allocation adjustments for the future market, and have certain reference significance for market sentiment.