1,611 BTC worth $134.6M moved off Kraken to unknown wallet
- —1,611 BTC moved, valued at about $134.6 million
- —Recipient is an unidentified wallet; Kraken has not commented
- —Transfer was flagged by on-chain tracker Whale Alert
- —No clear catalyst; BTC price was unchanged at the time
Why it matters: Large exchange outflows are often read as positioning for a sale or a custody shift, which can sway short-term trader sentiment.
Source: Coinfomania