Bitcoin once again ushered in a bull market, and a mysterious address became the focus of market attention! According to OKLink browser data, the mysterious address has successively minted 1.81 billion USDT from Tether since October 20 and transferred it to compliant exchanges such as Kraken, Coinbase, and OKX. This operating node perfectly matches the rising time point of this round of market, and is considered to be one of the "potential engines" of this round of Mavericks market.

Analysis shows that the mysterious address’s trading time preference is from 21:00 Beijing time to 5:00 the next day, which perfectly matches the US trading time. From this perspective, there is a high probability that the mysterious address is a trading institution that adopts the North American trading market routine. In addition, the address took another action after being dormant for 20 days on December 28, obtaining $50 million from Tether, with three counterparties: Kraken, Bitgo, and Coinbase.

Some analysts believe that the mysterious address may be Cumberland DRW, a derivatives trading company in Chicago. No matter who is behind the mysterious address, the massive purchase of $1.81 billion itself reveals important signals. In particular, the time node for overlaying spot Bitcoin ETF is approaching, and subsequent actions are undoubtedly very meaningful. What do you think of this mysterious address? Welcome to share your opinions in the comment area! 😉