A newly created cryptocurrency wallet has withdrawn 1,524 Bitcoin, valued at approximately $171 million, from exchanges over a three-day period. This significant movement of funds has been flagged by Whale Alert, a service that tracks large cryptocurrency transactions. The withdrawal of such a substantial amount of Bitcoin from exchanges often indicates a long-term holding strategy, as investors typically move assets to private wallets for security and storage purposes.
Whale Moves 1,524 BTC Worth $171M Off Exchanges in 3 Days
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