“This is the Third Significant On-Chain Movement of Funds by the Exchange in Four Weeks.”, – WRITE: www.coindesk.com
The Address Associated with The Exchange Transferred 893 BTC ($ 78.11m) to ITS Hot Wallet, Labelled 1JBEZ and 10,608 BTC ($ 927.48M) to 1DCA Asian Trading Hours WHEN The Cryptocurrency Traded Above $ 87,000 in The Spot Market.
The Latest Action Is The Exchange’s Third Significant On-Chain Movement of Funds in Four Weeks.
The Exchange Moved Over $ 900 Million in BTC on March 11 and Over $ 1 Billion in BTC on March 6. However, The Latest Coin Shuffling Has Not Impacted the Spot Price So Far, As Seen Early.
That’s in stark Contrast to Mid-Last Year, WHEN MT. Gox’s Transfer of Coins Spurred Fears of Credator Liquidations, Causing Price Valativity.
However, Last October, The Exchange Exchange ITS Complete Credator Payout Deadline by a Full Year to Oct. 31, 2025, Citying Ongoing Verification and Processing Requirements for Claimants.
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