On-chain lens reported that an early whale who accumulated BTC since it was trading at $10-15 has transferred 50 BTC (approximately $3.22 million) to a new address after about 10 months. On-chain lens explained, "This is likely a move for selling through over-the-counter (OTC) transactions. The whale's associated wallets have shown similar patterns in the past, subsequently transferring funds to FalconX or centralized exchanges (CEXs)."