A significant on-chain movement was detected: 600 BTC (valued at approximately 52.8 million USD) has been transferred out from Bitstamp to an unknown wallet. This substantial transfer is worth monitoring as large-scale movements from major exchanges often signal potential market shifts or whale activity. Traders tracking these transactions should note the destination wallet address remains unidentified, which could indicate either long-term accumulation strategies or preparation for OTC trading.

BTC1.22%
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 4
  • Repost
  • Share
Comment
0/400
MetaLord420vip
· 6h ago
600 Bitcoins suddenly fleeing, is this move to dump the market or to accumulate?
View OriginalReply0
CryptoGoldminevip
· 6h ago
600 Bitcoins flee from exchanges, and the 52.8M USD worth of weight is moving. It looks like someone is planning ahead. The detail about the unknown wallet is worth pondering—either long-term accumulation or laying the groundwork for OTC trading. From on-chain data, such a level of transfer usually indicates a shift in market sentiment. The reference value of the hash rate profit ratio is actually more straightforward.
View OriginalReply0
degenwhisperervip
· 6h ago
600 Bitcoins are directly withdrawn. Is this move to accumulate coins or to dump the market? Let's wait and see.
View OriginalReply0
MEVictimvip
· 6h ago
600 Bitcoins disappeared without a trace, this just got interesting.
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)