50 BTC from an anonymous address starting with 168Bv was transferred to Cumberland DRW around 11:26, according to ChainCatcher. Subsequently, the professional trading institution moved the same amount to Copper, a platform specialized in digital asset custody.
This large-volume transaction involving anonymous addresses often attracts market attention, as signals like these can indicate activities of big investors (whales) or strategic position preparations by institutional players. The transfer from Cumberland DRW to Copper suggests a change in custody structure, a common practice among professional participants in the Bitcoin market.
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50 BTC from an anonymous address starting with 168Bv was transferred to Cumberland DRW around 11:26, according to ChainCatcher. Subsequently, the professional trading institution moved the same amount to Copper, a platform specialized in digital asset custody.
This large-volume transaction involving anonymous addresses often attracts market attention, as signals like these can indicate activities of big investors (whales) or strategic position preparations by institutional players. The transfer from Cumberland DRW to Copper suggests a change in custody structure, a common practice among professional participants in the Bitcoin market.