A major asset manager has moved significant cryptocurrency holdings to institutional custodial services. The transfer included 2,164 BTC (valued at approximately $195.12M) and 26,723 ETH (valued at approximately $83.34M). This substantial deposit to a leading compliance-focused custody platform signals continued institutional participation in the digital asset space. Such large-scale transfers by major players often reflect strategic portfolio positioning and confidence in secure asset management infrastructure.
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GateUser-1a2ed0b9
· 01-08 15:52
Large institutions are starting to transfer coins to custody platforms, it seems they are really optimistic about the long term.
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RealYieldWizard
· 01-08 15:52
Large institutions are accumulating again, making the compliant custody business even more popular.
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Over 2000 Bitcoins dumped all at once, which does show some bullish signs.
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This is how institutions enter the market: they first put their assets into a vault.
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The crypto world is indeed becoming more regulated, but the real profits always go to the top few players.
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A transfer volume of nearly $200 million... this pace is quite aggressive.
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Custody platforms are about to earn another round of fees, huh.
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Just by looking at this amount, you can tell that big players are adjusting their positions.
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Institutional confidence is still there, but it's uncertain how many bargains small retail investors can pick up.
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The influx of large funds into compliant platforms indicates that this circle is moving toward institutionalization.
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With a volume of over 2000 Bitcoins, what could they be used for?
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blockBoy
· 01-08 15:48
Large institutions still rely on the regular army to enter the market. This custody move looks very stable.
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NFTHoarder
· 01-08 15:46
Big institutions are accumulating coins again; it looks like this wave will continue to rise.
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0xLostKey
· 01-08 15:36
The big players are acting again. This wave of custody transfer means that institutions are really not leaving anymore.
A major asset manager has moved significant cryptocurrency holdings to institutional custodial services. The transfer included 2,164 BTC (valued at approximately $195.12M) and 26,723 ETH (valued at approximately $83.34M). This substantial deposit to a leading compliance-focused custody platform signals continued institutional participation in the digital asset space. Such large-scale transfers by major players often reflect strategic portfolio positioning and confidence in secure asset management infrastructure.