A significant on-chain transfer just hit the radar: 1,174 BTC (worth approximately $106.4 million) has moved between two previously unlinked wallets. While both the source and destination wallets show limited transaction history, large-scale Bitcoin movements like this often trigger speculation about institutional activity, profit-taking, or strategic repositioning. The timing and scale make this worth monitoring, as such whale transfers can occasionally signal shifts in market sentiment or precede notable price action. Traders keeping tabs on on-chain metrics will want to track where these funds flow next.