ChainCatcher message, blockchain data monitoring platform Lookonchain discovered that a giant whale address transferred 778 bitcoins to Kraken exchange in just 3 hours, worth about 72 million dollars. Since the market decline on December 20 last year, this address has transferred a total of 3038 bitcoins to Kraken, with a total value of approximately 286 million dollars.

This series of transfer activities has attracted widespread attention in the market. Currently, this address still holds 24665 bitcoins, with a market value of about 2.27 billion dollars. This move may indicate differing views among market participants regarding the price trend of bitcoin, and it may also affect future market dynamics. Investors need to closely monitor on-chain data changes to timely adjust their strategies.