#Significant Bitcoin and Ethereum Transfer to CEX Observed$BTC $ETH
A substantial transfer of both Bitcoin and Ethereum to centralized exchanges (CEX) has been observed recently, raising interest and caution among analysts and traders. In the most notable incident, on November 2, 2025, the BlackRock IBIT address deposited 1,198 Bitcoins—worth about $129 million—and 15,121 Ethereum (roughly $56.1 million) into an exchange within a single hour. Days earlier, another significant transfer occurred on October 29, 2025, with 794.43 Bitcoin (valued around $87.44 million) and 48.36 Ethereum being sent to a CEX. These movements suggest considerable liquidity shifts which often precede periods of high volatility in crypto prices, fueling speculation regarding institutional positioning, large-scale portfolio rebalancing, or preparations for further market moves.binance+2
These large-scale transfers come amid heightened liquidation activity in the crypto market. On November 3, 2025, over $470 million in crypto positions—led by Ethereum ($112M) and Bitcoin—were liquidated within a single day, driven mainly by rapid price drops and increased market uncertainty. Most of these liquidations occurred on centralized exchanges such as Binance and Bybit, signaling that these platforms remain significant venues for major traders and institutions.tradingview
Key Observations
The recent transfers involve large institutional addresses, with BlackRock’s IBIT wallet taking center stage in recent Bitcoin and Ethereum deposits to CEXs.binance+1
The influx of digital assets to exchanges can indicate impending selling pressure, strategic portfolio shifts, or anticipation of market-moving events.binance+1
Analysts point to broader macroeconomic concerns and shifts in trading sentiment as contributing factors to these moves.tradingview
