Bitcoin (BTC) jumps 12% due to buying from these individuals BTC $BTC
From the chart it posted, it deduced that several funds/institutions withdrew nearly 1.6 billion USDC from Circle and deposited only about 0.2 billion USDC.
More specifically, a mysterious fund tagged"0x3356" by Lookonchain withdrew 953.6 million USDC from Circle and transferred it to exchanges. Lookonchain suggests that today's explosive rise in Bitcoin's price might have something to do with this fund.Also, it has spotted a"mysterious fund" that kept on pouring money into the crypto market as lead cryptocurrencies Bitcoin and Ethereum dropped. Since Feb.
It also noted that this"mysterious fund" also withdrew 397 million USDC from Circle through a separate address and transferred to exchanges since Feb. 10. Another fund related to FalconX also withdrew 143 million USDC from Circle, Lookonchain stated in its thread of tweets.
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