A significant influx of Bitcoin (BTC) hit cryptocurrency exchanges recently. CryptoQuant data reveals that 4,528 BTC, valued at a staggering 753.8 Billion KRW, was deposited into spot exchanges within a mere two-hour timeframe. This sudden surge has sparked discussions within the crypto community about potential market impacts. The breakdown of deposits across specific exchanges is as follows: Coinbase Prime: 4,287 BTC (approximately 94% of the total) Coinbase Advanced: 239 BTC (approximately 5% of the total) * Gemini: 2 BTC (negligible percentage) The overwhelming majority of the Bitcoin was deposited on Coinbase platforms, suggesting a potential strategic move by large holders, commonly known as whales. Whether this deposit signals an intent to sell, transfer to custody, or participate in specific exchange activities remains to be seen. Market observers will be closely monitoring price action and order book depth for clues in the coming days. The sheer volume of BTC moved warrants close attention from all crypto market participants. ```

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