Futures
Access hundreds of perpetual contracts
TradFi
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Introduction to Futures Trading
Learn the basics of futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to practice risk-free trading
Launch
CandyDrop
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Pre-IPOs
Unlock full access to global stock IPOs
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
More
The Great Bitcoin Transfer: 171.7 BTC Leaves Cumberland DRW
Blockchain network data recorded a massive movement of bitcoins in the early hours of February 9. At 02:54 UTC, a transfer of 171.7 BTC was documented from Cumberland DRW's treasury to an anonymous address starting with bc1qcy.
According to ChainCatcher, a platform specializing in blockchain monitoring, the volume of this bitcoin transfer is estimated at approximately $12.2 million at the current rate. With an average price of $71,140 per coin (as of 04:06 UTC on the same day), this transfer highlights the significance of operations conducted by one of the largest players in the crypto industry.
The ambiguous nature of the destination address starting with bc1qcy leaves the future fate of these assets uncertain. Such massive transfers by institutional participants often attract traders' attention, as they can signal strategic movements in the market.