Markets· ★★· bearish·

Whale Alert Flags 618 BTC Transfer to Coinbase

  • 618 BTC worth about $53 million transferred
  • Sender is an unknown wallet, recipient is Coinbase
  • Transfer confirmed by Whale Alert
  • Social media mentions of the transaction surged
Why it matters: A large BTC inflow to an exchange can signal intent to sell and add downward pressure on price.
Source: Coinfomania