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It seems that the transfers made by the institutional whale to the exchanges are carried out at the right rate with the rises in the cryptocurrency market. If the company had bought or had bought Bitcoin at an average of $40,000 so far, it would have had 44,000 BTC.
Realizing how strong the company's hand is, which bought almost $2 billion in USDT, it comes to mind that the purchases may have been made for spot Bitcoin ETFs, which are expected to be approved next month.