Whale Activity Alert!!!
On-chain data shows: In the past 48 hours, a newly created wallet address quietly withdrew 350 BTC from an exchange, valued at approximately 37.84 million USD at current market prices.
Such large withdrawals often imply:
🔹 Potential medium to long-term holding intentions
🔹 Or preparation for off-market allocations to avoid market fluctuations
Funds flow off-chain, is the market about to enter a new round of competition?