Large BTC Transfer to Kraken Sparks Market Attention

I see that 129 Bitcoin, worth approximately $14.9 million, has been transferred from an unknown wallet to Kraken. This kind of large transfer from an unrecognized source can often indicate significant activity, such as a major holder preparing to sell, move assets for security reasons, or repositioning funds for trading. The fact that the destination is Kraken, a well-known cryptocurrency exchange, suggests that the owner might be preparing to sell or deposit these funds for trading or liquidity purposes.