Whale Moves $222M in Bitcoin From Trade Republic Across Two Transfers

A large Bitcoin holder withdrew 3,556 BTC, worth about $222.94 million, from Trade Republic in two identical transactions, splitting the funds across separate transfers and effectively exiting the platform in a coordinated move.

The Bitcoin was then received in two wallets, “bc1qpq” and “bc1q25,” both belonging to the same holder. Both addresses had already received small test transfers five days earlier, suggesting they were prepared in advance for the movement.

Source: Onchain Lens