A veteran Bitcoin holder, known as a Bitcoin OG, has transferred 1,000 BTC, valued at approximately $110.6 million, to the Kraken exchange in two significant transactions. This activity is part of a broader trend observed over the past three weeks, where the same wallet has moved a total of 7,003 BTC, worth $775.1 million, to various centralized exchanges. These substantial transfers have fueled speculation about potential sell-offs or strategic repositioning in the market.