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Large Bitcoin holders transferred 1200 Bitcoins to centralized exchanges within 7 hours.
According to Gate News bot, on-chain data shows that a large Bitcoin holder with the address bc1q2q deposited 1200 Bitcoins, worth approximately $131 million, into a centralized exchange in the past 7 hours.
Previously, this Address had deposited 1550 Bitcoins (approximately 167 million USD) into a Centralized Exchange. This series of actions occurred after a transfer of 80,009 Bitcoins (approximately 8.7 billion USD) from a Bitcoin account that had not been active for 14 years.
Source: Lookonchain