Major institutional move just spotted on-chain: Trump Media has accumulated $40 million worth of BTC, with 450 Bitcoin transferred into their custody wallets. This marks their most significant Bitcoin purchase activity in the past three months. The substantial inflow signals renewed confidence from major players in the current market cycle, adding notable pressure on exchange reserves and potentially influencing near-term market dynamics.

BTC-0.44%
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 5
  • Repost
  • Share
Comment
0/400
SighingCashiervip
· 12-23 07:23
450 Bitcoins directly transferred to the custody Wallet, this action is too obvious... Institutions are really hoarding.
View OriginalReply0
GasFeeCrybabyvip
· 12-22 20:00
450 BTC transferred to the custody? Is this true, or is it going to be locked up?
View OriginalReply0
MelonFieldvip
· 12-22 19:55
Is this it for 450 Bitcoins? I thought it was a bigger deal, really not scary.
View OriginalReply0
ResearchChadButBrokevip
· 12-22 19:49
450 BTC transferred into a Cold Wallet all at once... This guy really has high hopes, and the amount is just too big.
View OriginalReply0
SelfMadeRuggeevip
· 12-22 19:37
Institutions have started Coin Hoarding, is it really going to To da moon...
View OriginalReply0
  • Pin
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)