Activity of large BTC holders increased amid ETF options launch

The launch of options on Bitcoin-ETF has become a powerful catalyst for increased activity of large whale investors. This trend contributes to the strengthening of the bullish trend in the bitcoin (BTC) market, which demonstrates a confident movement towards new historical highs. This opinion was expressed by researchers from Spot On Chain. One of the largest holders, known as bc1qc, withdrew 750 BTC (about $68.9 million) from Binance. This brought the whale’s total balance to 24.66k coins. This is equivalent to $2.3 billion. Such a large-scale withdrawal may indicate a long-term asset holding strategy, which builds confidence in the market. Another interesting case involves a group of 6 new wallets that withdrew 500.2 WBTC (equivalent to $46.3 million) from Binance. All these funds were directed to the Aave platform. This is likely a single investor taking advantage of the opportunities in the decentralized finance (DeFi) sector to generate income from cryptocurrency assets.

Increased whale activity is often interpreted as a positive signal for the market. Mass withdrawals of funds from centralized exchanges can indicate a decrease in supply and an increase in long-term demand.

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the same time, the integration of funds into the DeFi sector highlights the growing investor confidence in decentralized financial instruments. The

launch of options on ETFs also attracts institutional participants, which helps to strengthen liquidity and reduce volatility. The move opens up new opportunities for hedging and risk management, making the market more mature and attractive to professional investors. Bitcoin’s positive momentum continues to attract the attention of both retail and institutional participants.