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Cryptoknowmics
2024-02-21 03:46:06

Bitcoin Whales Withdraw Over $1 Billion from Coinbase Amidst Record Purchases

Bitcoin Whales Withdraw Over $1 Billion from Coinbase Amidst Record Purchases

CryptoQuant data reveals that Bitcoin holdings on Coinbase, the largest U.S. crypto exchange, have plummeted to 2017 levels as whales withdraw funds into self-custody. Whales’ actions coincide with a significant surge in buying, with over 100,000 BTC purchased in ten days, totaling $5 billion, as reported by cryptocurrency analyst Ali Martinez. Whale Movements Impact Coinbase … Continue reading "Bitcoin Whales Withdraw Over $1 Billion from Coinbase Amidst Record Purchases" The post Bitcoin Whales Withdraw Over $1 Billion from Coinbase Amidst Record Purchases appeared first on Cryptoknowmics-Crypto News and Media Platform .

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