Coinbase Institutional moves 22,624 ETH worth $56.6M to unknown wallet
- —22,624 ETH worth about $56.6 million moved
- —Recipient wallet remains unidentified; flagged by @whale_alert
- —Ethereum holds a 65.7% share of the tokenized commodity market
Why it matters: Large outflows from Coinbase Institutional are often read as accumulation or repositioning by big holders and can sway ETH sentiment.
Source: Coinfomania