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Have Fun With A Quiz in Gate Chat Group & Unlock Big Rewards!
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2026 starts with this post!Gate 2025 Year-End Gala Square TOP50 List Announced!
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567 Bitcoins flowed into institutional accounts. What does this transfer of over $50 million mean?
【Crypto World】New developments in on-chain data. A major holder recently quietly transferred 567 Bitcoins to an institutional wallet of a leading platform, with this transfer valued at approximately $52.56 million USD. Starting from an unknown wallet, it directly went to an institutional account—what does this kind of operation usually indicate? Is it for building a position or transferring risk? Many are watching the subsequent movements of this money. Every time such large transfers occur, they tend to spark considerable discussion in the market.