
Whale Alert: 999 BTC worth $77.47M moved from Kraken to Coinbase
- —999 BTC worth about $77.47 million transferred
- —Sender is Kraken, recipient is Coinbase
- —The transfer could affect open interest and funding rates
Why it matters: Large transfers to exchanges often precede rising volumes and volatility, which matters for derivatives traders.
Source: Coinfomania