The data showed that over the past 24 hours, an impressive $903 million worth of Bitcoin was recorded in various transactions, prompting speculation about the reasons for such large transfers. Deposits to exchanges may indicate selling intentions, while withdrawals may indicate  It means to buy.  Over-the-counter trading that takes place outside of crypto exchanges may be another possibility, however, the exact reasons for these movements remain unknown.

 At the time of writing, Bitcoin is down 0.83% in the past 24 hours to $94,507, trading below its all-time high (ATH) of $108,268 on December 17, 2024.