According to ChainCatcher, Arkham monitoring data shows that about three hours ago, VanEck Bitcoin spot exchange-traded fund HODL Bitcoin ETF received 84.846 BTC from Gemini Exchange, worth about $5.27 million. This large transfer has attracted widespread attention in the market.

Although the specific intention of this transaction is still unclear, it undoubtedly shows the continued interest of institutional investors in Bitcoin. For ordinary investors, this may be a good time to observe market trends.

No matter how the market fluctuates, staying calm and rational is always the key to investment. Only by continuing to pay attention to the dynamics of the crypto market can we better seize opportunities. 📈💼