Lookonchain reports three newly created wallets receiving 1,298.46 BTC from BitGo, reflecting significant institutional-level transactions on March 3.
Lookonchain data shows that on March 3, three newly created wallet addresses collectively received 1,298.46 BTC, valued at $86.4 million, from BitGo. The transfer signals potential institutional-level activity or liquidity management within the crypto market, with BitGo serving as the custodian.