A whale has shown signs of offloading approximately 4,500 $BTC ( ~$295.5M ).

BTCUSDT

Perp

66,982.3

+0.15%

NYDIG has transferred this $BTC to parties such as Wintermute, Cumberland, FalconX, B2C2 Group, and Galaxy Digital about 8 hours ago — likely to distribute into the market.

Such transfers through market makers are often a preparatory step for gradual selling, limiting too strong an impact on the price.

However, given the considerable scale, it is still necessary to monitor the market's short-term reactions.