A wallet linked to the 2016 Bitfinex hack transferred 12,267 BTC, valued at approximately $1.01 billion, to new unlabeled addresses, according to Arkham data. No subsequent exchange deposits were recorded following the massive transfer. This movement raises questions about potential market impact, although no immediate sale has been observed at this stage. The substantial volume could nonetheless suggest potential future selling pressure. Market participants are now monitoring for any further activity from these new addresses.
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