According to @lookonchain, a newly created wallet withdrew 3,500 BTC, valued at $415.8 million, from Gemini in the past four days. This significant outflow from a major exchange is often interpreted by traders as a bullish signal, suggesting that large holders may be moving assets into cold storage, reducing immediate selling pressure on the open market. Such whale movements can increase volatility and prompt short-term price reactions in the Bitcoin (BTC) market. Source: @lookonchain.