Viewpoint: The acceleration of Bitcoin Whale's transfer speed to CEX may indicate a trend of capital rotation or profit taking

BlockBeats News: On July 18th, Glassnode announced that the speed of Bitcoin Whale transferring funds to trading platforms is accelerating. The 7-day moving average is approaching approximately 12000 bitcoins - one of the highest transfer volumes of the year, comparable to the surge in early November 2024. Although still below last year's peak, this is likely to indicate a trend of capital rotation or profit taking.