🚨 Whale Alert: A newly created wallet has received 500 BTC (≈$58.3M) from Gate over the past two weeks.
With Bitcoin trading at ~$116,600 (CoinGecko), this significant transfer likely indicates institutional or whale activity—potentially for secure cold storage or long-term strategic positioning.
🔍 Is this a move for long-term accumulation, or simply an off-exchange transfer for added security?