CryptoQuant detects large BTC whale activity on exchanges

On-chain data analytics provider CryptoQuant has issued an alert on Telegram, detecting a large deposit of 4,463.78 BTC (approximately $304 million) across multiple spot exchanges within one hour. The breakdown includes: - Coinbase Prime: 3,367 BTC (75%) - Coinbase Advanced: 873 BTC (19%) - Bitstamp: 124 BTC (2%) The alert advises caution, as such large deposits on exchanges that support custody may indicate transfers from custody customers.