According to ChainCatcher, Whale Alert monitoring shows that around 23:03 Beijing time today, a major Bitcoin transfer attracted market attention. 2,200 BTC were transferred from the well-known exchange Gemini to an address starting with 3KTWL, with a total value of up to US$209 million.

Such large transfers usually trigger widespread discussion in the market, and investors pay close attention to their potential impact. Although the specific purpose of this transfer is still unclear, such a large-scale flow of funds may indicate a strategy adjustment by market participants.

Against the backdrop of increased market volatility, changes in on-chain data provide investors with important analytical basis to help them better understand market dynamics.