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Just saw some interesting coin news - Two Prime has deposited nearly 4,000 BTC into Ceffu in the past week, equivalent to about $274 million. At the same time, they also withdrew $173 million from the exchange. It seems like a pretty large deposit is happening.
Following coin news from Lookonchain, this is a noteworthy move. From a quick look, Two Prime appears to be selling off BTC. Such deposits often signal preparations for a major sell-off in the market.
Coin news related to these huge movements always tends to impact prices. It’s important to watch how the market will react in the coming days.