🔔 Another wave of large Bitcoin transfers: nearly 20,000 coins evaporated in 24 hours
In the last day, centralized exchanges collectively staged a "blood loss" drama - a total outflow of 19,541 BTC, which is quite significant, clearly indicating that large funds are voting with their feet.
Top three in the blood loss ranking: A leading platform: -5,674.48 BTC A well-established exchange: -4,178.17 BTC A compliant platform: -3,120.36 BTC
What do you make of this situation? The two highest possibilities are: either institutional players are transferring coins to cold wallets under their control, or retail investors are still questioning the platform's security. Regardless of which it is, on-chain data doesn't lie—wallet votes are more real than what is said verbally.
Market sentiment remains delicate, with capital expressing its attitude through actual actions.
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AirdropHunterXM
· 12-04 12:38
Large transfers mean either smart money is getting in, or someone is chickening out. Let's see who bets right.
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BtcDailyResearcher
· 12-04 08:29
The rhythm of cold wallet accumulation, these whales are really placing their bets this time.
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FOMOSapien
· 12-04 06:45
Cold wallet maniacs are online, are the whales really losing trust in centralization?
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Here we go again? 20,000 coins evaporate in a day, that’s enough to scare a lot of platforms to death.
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To put it bluntly, money is voting with its feet. Talking about security is nothing compared to the hard truth of on-chain data.
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I just want to know how the price will move after this big outflow, honestly.
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This is basically a silent protest against certain platforms, seems like everyone’s got it figured out.
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Nothing subtle about it, this is clearly people running.
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Every time I see this kind of data, I ask myself: should I still keep my coins on exchanges?
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Top 3 platforms: "Why have we fallen out of favor?"
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Institutions are playing a much bigger game, that’s what it feels like.
View OriginalReply0
GhostAddressHunter
· 12-01 15:47
Is this another trap? Is it the prelude to Large Investors rug pulling? Or are they really afraid that the platform will blow up...
🔔 Another wave of large Bitcoin transfers: nearly 20,000 coins evaporated in 24 hours
In the last day, centralized exchanges collectively staged a "blood loss" drama - a total outflow of 19,541 BTC, which is quite significant, clearly indicating that large funds are voting with their feet.
Top three in the blood loss ranking:
A leading platform: -5,674.48 BTC
A well-established exchange: -4,178.17 BTC
A compliant platform: -3,120.36 BTC
What do you make of this situation? The two highest possibilities are: either institutional players are transferring coins to cold wallets under their control, or retail investors are still questioning the platform's security. Regardless of which it is, on-chain data doesn't lie—wallet votes are more real than what is said verbally.
Market sentiment remains delicate, with capital expressing its attitude through actual actions.