#BTC ARK Invest Bitcoin Spot ETF transferred to exchange, suspected outflow

23 minutes ago, ARK Invest's ARKB 21Shares Bitcoin ETF transferred 1247 BTC to Coinbase exchange, with a total value of approximately 120 million dollars.

In addition, the ETF also transferred 144.63 BTC to market maker Cumberland DRW, with a total value of approximately 14.05 million dollars, with an average price of 96,230 dollars per BTC. This move is suspected to be a selling action, which may create certain selling pressure on the market in the short term.