Exchanges· ★★· neutral·

674 BTC worth $56.7M moved to Coinbase Institutional

  • —674 BTC worth about $56.7 million transferred
  • —Sender was an unknown wallet, recipient was Coinbase Institutional
  • —Transaction flagged by Whale Alert
  • —Large transfers to institutional platforms are increasing
Why it matters: Large BTC inflows to institutional venues may signal growing demand from major players.
#BTC
Source: Coinfomania
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