According to Arkham data, 270.83 BTC, worth approximately $19.13 million, was transferred from Bitstamp to multiple addresses, including Bybit. The transfer occurred at 12:52, marking a precise timing for this large Bitcoin movement. Arkham’s timestamp confirms a moment of liquidity movement between centralized venues. Details on other destinations beyond Bybit were not disclosed.

The data underscores cross-exchange activity associated with this transfer. While Bybit is specifically named, other destinations were not disclosed in the available data.

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