$128 Million Bitcoin (BTC) Moved From Bitfinex to Kraken: Why?

From Investing.com

April 23, 2025 11:00:00 pm:

$128 million worth of Bitcoin (BTC) was transferred from Bitfinex to Kraken. The reason for the transfer is unclear, but it could be related to trading activity or security concerns. This large movement of funds has caught the attention of the cryptocurrency community and sparked speculation about potential market implications.

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