According to The Data Nerd, recent on-chain data shows significant Bitcoin movements with 2,671 BTC (approximately $291.76 million) transferred from Bithumb cold storage, 200 BTC (around $21.97 million) withdrawn by address 19JMx from Binance, and 162 BTC (about $17.7 million) withdrawn by Cumberland. These large-scale transfers indicate increased activity among institutional players and whales, often signaling potential volatility or strategic portfolio rebalancing in the crypto market. Traders should closely monitor these wallet activities for short-term price fluctuations and liquidity changes. All data sourced from intel.arkm.com and @OnchainDataNerd (Twitter, June 10, 2025).