According to a recent report from COINOTAG, significant movements in Bitcoin liquidity have been observed. On October 12, data from Arkham monitoring revealed that approximately 3,623 BTC, valued at over $226 million, was transferred from the custodial address of the ARKB 21Shares Bitcoin ETF. This substantial outflow occurred within a brief window of just ten hours. The funds were subsequently dispatched to three anonymous addresses, suggesting a strategic diversification of assets. Such a large-scale transfer raises questions regarding market sentiment and the potential implications for institutional investors. The swift movement of these digital assets underscores the volatility and dynamic nature of the cryptocurrency market, reflecting ongoing shifts in investor strategy and asset allocation.
Source: https://en.coinotag.com/breakingnews/massive-226-million-btc-outflow-from-arkb-21shares-bitcoin-etf-sparks-concerns/