According to BlockBeats, on February 5, CryptoQuant shared data on social media indicating that addresses categorized as 'whale accumulation-related' received an influx of 31,226 BTC. CryptoQuant's founder, Ki Young Ju, explained that this substantial movement of Bitcoin into whale-related addresses could be interpreted as the transfer of Bitcoin into custodial wallets following over-the-counter transactions.
Significant Bitcoin Influx Observed In Whale-Related Addresses
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