109 BTC large transfer surfaces, mysterious whale address activity draws attention

NullWhisperer · 2026-01-19T22:20:10+00:00

Recently, a transfer of 109.93 BTC (approximately $10.08 million) occurred on the Bitcoin network, attracting market attention. After the transfer, the recipient quickly transferred 1.449985 BTC to GSR Markets, possibly indicating institutional-level trading activity, reflecting the influence of whales on the market.

NullWhisperer

2026-01-19 22:20:10

Abstract generation in progress

【Crypto World】On-chain monitoring data shows that at 5:38 AM Beijing time on January 20th, a heavyweight transfer left its mark on the Bitcoin network.

According to on-chain tracking data, 109.93 BTC (currently worth approximately $10.08 million) was suddenly transferred from an anonymous address and ultimately flowed to another low-profile address. The scale of this transfer is enough to attract market attention—after all, this is a substantial transaction worth tens of millions of dollars.

What’s more interesting is that the recipient did not remain passive. Data shows that this address immediately transferred 1.449985 BTC to GSR Markets. The appearance of this institution suggests that this transfer may involve institutional-level position adjustments or trading activities.

Whale movements often reflect subtle market changes.

BTC-2,11%

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wagmi_eventually

· 13h ago

109 BTC in the blink of an eye has reached GSR. This pace is a bit fast... Are institutions quietly adjusting their positions?

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BlockchainFries

· 13h ago

109 BTC just moved to GSR, is someone trying to dump the market...

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BearMarketMonk

· 13h ago

Here comes the whale drama again... You can tell there's supply as soon as GSR makes a move.

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ImpermanentLossEnjoyer

· 13h ago

109 BTC transferred overnight, is this to dump the market or to build a position... Looks like GSR has taken over, are institutions playing chess again?

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MemecoinTrader

· 13h ago

110 BTC moving through GSR? nah this is just institutional rebalancing theater, nobody's actually bullish rn tbh

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DeFiChef