$BTC A newly created wallet has received 500 $BTC , valued a
_Wendy
Updated at: 4 hours ago
{"content":"$BTC A newly created wallet has received 500 $BTC , valued at $58.3 million, from Gate over the past two weeks
With Bitcoin trading around $116,600 per coin, per CoinGecko, this transfer suggests a significant move, likely by a whale or institutional player, possibly for secure custody or strategic positioning.
What’s your take—is this whale prepping for a long-term Bitcoin play, or just moving funds off-exchange for safety?","images":["https://d2kdcqywr8ua22.cloudfront.net/uploadfile/article/blog/2025082025/08/07/ff6dc91ca48c47d7b814d9dc9c8bf75e.png"],"tags":[],"tradingPairs":["BTC/USDT"],"quotearticleid":0}