On-chain monitoring account Onchain Lens reported that a whale withdrew a total of 3,556 BTC from Trade Republic through two transactions of identical size, with the holdings valued at about $223 million at the time of tracking. The two receiving wallets had each received small test transfers five days earlier, a pattern often associated with wallet preparation before larger fund movements. Based on that activity, the two addresses are suspected to be controlled by the same entity. The report focuses on the observed transfers and wallet behavior, without identifying the owner behind the addresses.
According to on-chain tracker Onchain Lens, a whale withdrew a total of 3,556 BTC from Trade Republic through two transactions of the same size. The transferred Bitcoin was worth roughly $223 million at the time of observation.
On-chain records also show that both receiving wallets had received small test transfers five days earlier. Such activity is commonly seen as part of address setup or transfer verification before larger movements of funds, leading observers to suspect that the two wallets may be controlled by the same entity.
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