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On-chain monitoring data shows that approximately 3,858 Bitcoins (worth $344 million) were recently transferred from an institutional account on a leading compliant platform, flowing to an unknown wallet address. This large transfer has attracted attention in the crypto market—institutional-level Bitcoin withdrawals often indicate significant changes in fund movements. Is it a long-term holding adjustment or strategic deployment? Market participants are closely watching. The direction of large fund flows often serves as an important reference for market trend analysis, especially when the amount reaches hundreds of millions of dollars, making it more likely to impact short-term market sentiment.