#BTCWhaleMovement The on-chain analyst David Puell revealed through X that 1.1 million coins-year were destroyed in 24 hours. This means that coins with 6.5 years of holding value moved simultaneously.

Cathie Wood, CEO of ARK Invest, responded to the data from X. He compared it to the second-largest destruction event in Bitcoin's history. He then posed a surprising question: Was this related to a government agreement?