ChainThink reports that on March 20, according to Lookonchain monitoring, Twenty One Capital transferred 392.19 BTC ($27.67 million) to Bitfinex after being inactive for two months.
Twenty One Capital transfers 392.19 BTC to Bitfinex
ChainthinkShare
Summary
On March 20, Twenty One Capital transferred 392.19 BTC ($27.67 million) to Bitfinex, according to Lookonchain. This is the firm’s first transaction in two months. Considering capital gains tax implications, holding BTC as a hedge against inflation remains a key strategy for institutional investors.
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