According to The Data Nerd on Twitter, Flow Traders deposited 10 million USDC to Binance and subsequently withdrew 100 BTC, valued at approximately $9.42 million, within the past hour. This on-chain transaction, verified via Arkham Intelligence, indicates a significant conversion of stablecoin to Bitcoin, suggesting a strong institutional trading move possibly to capitalize on BTC market momentum (source: @OnchainDataNerd, intel.arkm.com). Traders should monitor BTC price volatility and liquidity on Binance following this large transfer.