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Frequent whale activity? Over 350 BTC quietly moving on the chain
According to Arkham data monitoring, around 9:10 AM today, a large BTC transfer transaction drew attention — 358.03 BTC moved from an anonymous address to another address.
Interestingly, this fund did not stay at that address; shortly after, another 355.91 BTC was transferred from that address to a third anonymous address. Such consecutive transfer actions suggest that the funds may be undergoing repositioning. It is currently unclear whether whales are rebalancing their positions or exchanges are conducting internal fund reallocations.
On-chain large transfers have always been closely watched indicators by market participants. Transfers exceeding 350 BTC are enough to subtly impact market liquidity. During transfers between anonymous addresses, such actions often indicate strategic adjustments by whale-level funds, warranting ongoing monitoring of their subsequent movements.
ChainCatcher and Arkham’s data tracking enable us to observe these on-chain activities more clearly, providing timely information references for market participants.