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Recently, the crypto assets market witnessed a remarkable large-scale fund transfer. According to monitoring by the blockchain analysis platform Ember, an ancient whale investor holding 80,000 Bitcoins made a significant move on July 14. This investor transferred 40,010 Bitcoins to the well-known digital asset financial service company Galaxy Digital.
The scale of this transfer is remarkable. The average price of each Bitcoin is about $117,391, making the total value of the transaction reach $4.69 billion. This move not only showcases the liquidity of the crypto assets market but also reflects the ongoing interest of institutional investors in digital assets.
It is worth noting that after completing this large transfer, the investor still holds about 40,000 Bitcoins, which is valued at approximately $4.67 billion at the current market price. This indicates that even after such a large-scale fund transfer, the investor still maintains a considerable amount of Bitcoin holdings.
Currently, participants in the crypto assets market are closely monitoring the subsequent movements of this Whale investor. The common concern is: will this investor continue to sell the remaining Bitcoin? The answer to this question may have a significant impact on the short-term price trend of Bitcoin.
In any case, this large-scale Bitcoin transfer once again proves that the crypto assets market is still vibrant and uncertain. Investors and market analysts will continue to closely monitor similar large transactions to better understand market trends and potential price impacts.