Exchanges· ★★· neutral·

30,375 ETH worth $70.8M moved to Coinbase Institutional

  • —30,375 ETH, about $70.8 million, moved in a single transfer
  • —Sender was an unknown wallet; recipient was Coinbase Institutional
  • —The transaction was flagged by on-chain tracker Whale Alert
Why it matters: A large ETH inflow to an institutional venue can signal either preparation to sell or rising activity among major holders.
Source: Coinfomania