💥 $373 #millions IN $BTC MOVED! 💥
📉 This morning, the market was shaken by the news of $373 million in bitcoins that were moved between unknown wallets. NYDIG, the largest custodian for institutional clients, transferred 2,860 BTC (~$270 million) to a new wallet. 🏦
🔐 But that's not all! Later, 1,100 BTC (~$104 million) were sent to a completely new address, which may indicate preparations for long-term storage or setting up a new cold wallet.
💡 What does this mean?
There are no signs of funds being sent to exchanges, therefore, there will be no selling pressure.
NYDIG may just be moving funds as part of its operations, but why such scale and synchronicity?
❓ Is this a signal for major players that something significant may happen in the coming weeks? Perhaps these movements foreshadow large purchases in the future!
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#BTC #WhaleAlert #NYDIG #Bitcoin #CryptoTrading