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Bitcoin@whale_alert on XFiled 2 days ago

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A wallet associated with Bybit moved 1,200 BTC, valued at roughly $90.76 million, to an unidentified destination, according to Whale Alert. The transfer stands out for its size rather than its destination, since the receiving address remains unlabeled and could belong to a custodian, OTC desk, or long-term holder. At a bitcoin price implied near $75,600 per coin, the move represents a meaningful slice of exchange liquidity. Traders will watch whether the coins return to an exchange or settle in cold storage, and whether follow-up transfers from Bybit suggest a broader shift in custody or client flows.

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Bybit, Bitcoin (BTC), Whale Alert

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