Whale Alert: 880 BTC worth $68.37M transferred to Coinbase
- —880 BTC worth about $68.37 million were transferred
- —The sender is an unknown wallet, the recipient is Coinbase
- —An inflow to an exchange may increase liquidity and trading volume
Why it matters: A large inflow of BTC to an exchange could increase seller pressure and affect short-term price dynamics.
Source: Coinfomania