Over 1,100 Bitcoin Transferred from Coinbase Institutional to New Wallet
Blockchain data shows 1,121 BTC, valued at approximately $120.7 million, moved from Coinbase Institutional to an unidentified address.
BTC
Summary
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Terms & Concepts
- Coinbase Institutional: A division of Coinbase offering trading and custody services tailored for institutional investors, including hedge funds and corporations.
- BTC (Bitcoin): The native cryptocurrency of the Bitcoin network, a decentralized digital currency used for peer-to-peer transactions.
- Wallet Address: A unique cryptographic identifier used to send and receive cryptocurrency transactions on a blockchain.