Bitcoin Investors Panic as $1 Billion Transferred Before ETF Ruling

Unprecedented Bitcoin withdrawals from Kraken exchange raise eyebrows

Surprising developments unfolded within the crypto community as more than $1 billion worth of Bitcoin (BTC) was withdrawn from the reputable Kraken exchange starting from yesterday and continuing today. The withdrawals, ranging from 400 to nearly 1,000 BTC per transaction, caught the attention of industry observers due to their sheer scale. In total, based on Whale Alert data, over 40 such transactions took place, prompting speculation and discussions within the crypto space.