264.87 WBTC anonymous transfer worth $24.85 million, giant whale movements reappear

On-chain data shows that around 04:50 Beijing time today, 264.87 WBTC (worth approximately $24.85 million) was transferred from one anonymous address to another. This transfer size accounts for about 0.21% of the total circulating supply of WBTC, once again drawing market attention to whale movements. Currently, the price of WBTC is above $94,000, with a 24-hour increase of 3%.

Transfer Size Analysis

Core transfer data

The key information of this transfer is as follows:

• Transfer time: January 14, 2026, 04:50
• Transfer amount: 264.87 WBTC
• USD value: approximately $24.85 million
• Transfer direction: between anonymous addresses
• Sender address: starting with 0x8C08…
• Receiver address: starting with 0xd78e…

Share in the WBTC ecosystem

Although this transfer is not particularly large, large transfers between anonymous addresses often indicate potential market movements. As the primary Bitcoin-pegged asset in the Ethereum ecosystem, every significant movement of WBTC warrants attention.

Market Background

WBTC current performance

Since its launch in January 2019, WBTC has become an important cross-chain asset in the crypto market. According to the latest data:

• Current price: $94,014.60
• 24-hour increase: 3.00%
• 7-day increase: 1.80%
• 30-day increase: 6.17%
• Market cap: $1.178 billion
• 24-hour trading volume: $222.84 million

Recently, WBTC has shown a stable upward trend. This transfer occurred during a period of relatively positive market sentiment.

Interpretation of the transfer

Possible scenarios

Large transfers between anonymous addresses can have several explanations:

• Wallet management: individuals or institutions reallocating funds between addresses
• Pre-trade positioning: preparing for upcoming transactions
• Liquidity management: adjusting positions across different addresses
• Risk mitigation: address transfers for security reasons

Since both addresses are anonymous, the specific intent is difficult to determine. However, given the scale, this appears to be a transfer executed by a significant player.

Market impact

Based on current market reactions, this transfer has not caused a noticeable impact on WBTC’s price. This suggests that the market has responded relatively rationally to such on-chain movements, without panic selling.

Follow-up points to watch

• Exchange inflows: Monitor whether this fund eventually flows into exchanges, which could indicate an intention to sell
• Address tagging: If these addresses are later identified as known institutions or exchanges, clearer insights will emerge
• Price trend: WBTC’s performance over the next 24 hours will reflect the market’s true sentiment regarding this event
• Subsequent transfers: Continuous large transfers may signal larger market actions

Summary

While the transfer of 264.87 WBTC is relatively modest (only 0.21% of circulating supply), large transfers between anonymous addresses still warrant vigilance from market participants. As an important asset in the Ethereum ecosystem, on-chain activity of WBTC often reflects the real intentions of market participants. Currently, the market response is stable, but if inflows to exchanges or other related movements occur, it could attract greater attention. For investors holding WBTC or tracking cross-chain Bitcoin assets, such data should be considered in decision-making.