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Trump Media transfers 2000 Bitcoins, mysterious Address test suggests a collateral plan?
[Coin World] Trump Media Group has been taking frequent actions. Recently, they moved a position of Bitcoin held by large investors worth nearly $174 million—transferring 2,000 BTC to a stranger address. This address is not new; it started testing a month ago and has been repeatedly verified, with back-and-forth movements several times. Industry insiders speculate that this is likely preparing for some collateral arrangements. Such large transfers generally have two logics: either reorganizing asset structure or actually planning to use Bitcoin as collateral to gain liquidity. Either way, it indicates that these institutions' attitudes towards holding Bitcoin are quietly changing.