🔥 200 BTC entered the market late at night, is the capital preparing to dump or doing something else?
According to Arkham data:
At 22:05, an anonymous address
transferred 200.32 BTC (approximately 18.02 million USD)
to Binance after being routed.
Subsequently, the address transferred another 200 BTC to Binance.
This kind of operation generally has three possibilities:
👉 Preparing to sell
👉 As margin/rebalancing
👉 Internal fund migration
According to Arkham data:
At 22:05, an anonymous address
transferred 200.32 BTC (approximately 18.02 million USD)
to Binance after being routed.
Subsequently, the address transferred another 200 BTC to Binance.
This kind of operation generally has three possibilities:
👉 Preparing to sell
👉 As margin/rebalancing
👉 Internal fund migration