2025-12-12 08:22:42

On-chain activity shows a major movement again. According to on-chain data tracking, at 12:16 PM today, someone transferred 144.16 Bitcoin from an anonymous address, worth about $13.29 million. After some intermediate transfers, only 0.00186944 BTC finally flowed into CoinCola.

At first glance, it might seem strange—why transfer such a large amount but only send in a tiny amount at the end? Industry insiders generally believe this is a typical address verification or probing behavior. Large outbound transfers may be for address migration or asset reorganization, but the small amount actually sent to exchanges is often used to verify address usability.

Recently, large on-chain movements have been quite frequent, and such transfer behavior warrants ongoing attention. It could indicate that some institutions or major holders are adjusting their positions.

BTC-2.21%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

8 Likes

Reward
8
5
Repost
Share

Comment

0/400

gm_or_ngmi

· 6h ago

This move is a typical big player testing the waters—transferring such a large amount of coins just to probe the exchange? It looks like they're testing the address.

View OriginalReply0

ShamedApeSeller

· 17h ago

144 BTC transferred out and only 0.00186944 transferred in. Who wouldn't be confused by this operation... The so-called exploratory transfers are tired of hearing, it feels like every large transaction is for this reason.

View OriginalReply0

GasFeeWhisperer