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On-chain data tracking platform Arkham detected a large flow of WBTC. Around 19:51 Beijing time, 31.94 Wrapped Bitcoins (WBTC) were transferred out from an anonymous address, passing through intermediary addresses, and finally entering the crypto trading service provider Coinflip. Based on the latest prices, this amount is worth approximately $21.66 million.
Such large transfers often reflect the movements of whale wallets or institutional funds. The final flow into Coinflip indicates that this WBTC may soon enter the trading circulation. ChainCatcher presents this key transfer event to you through Arkham's real-time on-chain data.