One of the largest bitcoin holders made a series of strange transactions

Crypto analysts have emphasized a number of strange transactions made by one of the largest bitcoin holders. Recently, the bitcoin whale withdrew the last BTC from his cryptocurrency wallet and transferred them via the Coinbase exchange to another address, which became the new top 3 among the largest bitcoin holders.

In total, 132,000 BTC were migrated in a few days, but such transactions raise many questions. For security reasons, bitcoins could have been simply transferred to another address, but most of the assets went through Coinbase.

• If these are Coinbase bitcoins, why would the representatives of the bankrupt platform decide to «disclose» their connection with the wallet?
• If Coinbase has nothing to do with these funds, why were they transferred through it?

Recently, the largest OTC bitcoin whale sold 46,000 BTC (worth $ 1 billion) in just 2 days — some members of the crypto community believe that such significant transactions can affect the value of the asset. The activities of crypto whales in buying and selling digital assets often have a significant impact on the value of cryptocurrencies in the market. It is currently not possible to pinpoint the reasons for such actions of the OTC holder and whether they have any connection with the transfers of another bitcoin whale.