Markets· ★★· neutral·

Coinbase Institutional Moves 679 BTC Worth $51.7M to Unknown Wallet

  • —679 BTC worth about $51.7 million were transferred
  • —The recipient is an unknown wallet
  • —The transaction was flagged by Whale Alert
Why it matters: A large exchange withdrawal may indicate preparation for a sale or a transfer to custody, affecting BTC supply on the market.
#BTC
Source: Coinfomania
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