#btc Cathie Wood's BTC ETF Suspected Large Sell-Off

In the past 10 hours, Cathie Wood's BTC ETF conducted two large BTC outflow operations:

Transferred 124.78 BTC to Coinbase exchange, with a total value of approximately 12.11 million USD. Transferred 998.21 BTC to Cumberland DRW over-the-counter trading firm, with a total value of approximately 96.58 million USD.

The two outflows totaled 1123 BTC, with a cumulative value of approximately 109 million USD, suspected to be for selling operations. This action has attracted market attention and may have a potential impact on BTC prices.