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The recent market has been continuously volatile, and the short-term weak trend shows no signs of improvement. On-chain data has caught a detail — 17,000 BTC have flowed into a major exchange within the past 24 hours, which is a significant amount. The market is pondering whether these funds are building up momentum, waiting for macro news or black swan events, or just looking for an opportunity to dump. If there is a large-scale sell-off, it could put considerable pressure on the current market. The future direction of this wave of行情 may largely depend on the subsequent movements of these funds.