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A single transfer of 999 BTC, valued at roughly $80.57 million, moved from Bitfinex to Kraken, according to Whale Alert. The transaction, flagged on-chain, represents one of the larger exchange-to-exchange movements tracked by the alert service. Such transfers often reflect liquidity repositioning, arbitrage activity, or over-the-counter desk flows rather than immediate selling. Traders will watch Kraken order books and spot volumes for signs of whether the coins are deployed into trading or moved into custody.

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Bitfinex, Kraken, Bitcoin (BTC)

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