Major cryptocurrency holders moved over 44,000 Bitcoin to centralized exchanges yesterday.
According to CryptoQuant analyst Maartunn, addresses controlling at least 100 BTC executed these transfers. The total volume reached 44,459 coins, estimated at $3.2 billion. Historically, such movements coincide with heightened market activity.
Bitcoin traded near $73,000, reflecting a 1.5% decline over 24 hours. Traders are bracing for swings following Tuesday’s data. Beyond the Fed decision, attention focuses on Wednesday’s US Producer Price Index release. Analysts watch inflation trends tied to Middle East tensions.