ChainCatcher message, Arkham monitoring shows that a remarkable on-chain transfer activity of grayscale Bitcoin ETF has occurred. About 9 hours ago, the fund transferred 601.368 Bitcoins to an unknown address starting with bc1qj, with a total value of approximately 60 million USD. This large transfer has attracted widespread attention in the market, and investors are speculating on the motives behind it and its possible market impact. Nevertheless, there is currently no further information revealing the specific purpose of the transfer or the identity of the recipient. Such large transfers usually trigger market fluctuations, and investors should remain vigilant.