This 'Mysterious Fund' Could Be Behind Most Recent Cryptocurrency Market Rally

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.lookonchain found an interesting fund on the market that started pouring money onto the crypto market just ahead of the massive recovery that began in January

's small bull run, a mysterious fund has started making waves by pouring large amounts of money into the crypto market.

This fund has made sudden movements before and throughout the recovery cycle, as it has been seen withdrawing large amounts of USDC from Circle and depositing it intoWhat makes this fund so intriguing is its size and timing, as it has managed to accumulate over $10 billion USDC. The fund started withdrawing USDC from Circle on Dec. 7, 2022, and has since been exchanging it for USDT via five different addresses.

 

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