Over $686M in Bitcoin Moved from Coinbase to New Wallet
A transfer of 6,387 BTC valued at approximately $686 million was recorded from Coinbase to an unidentified wallet address.
BTC
Summary
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Terms & Concepts
- BTC: Abbreviation for Bitcoin, the first and most widely recognized cryptocurrency using blockchain technology.
- Wallet Address: A unique identifier in blockchain networks used to send and receive digital assets like cryptocurrencies.
- Coinbase: A major U.S.-based cryptocurrency exchange that facilitates the buying, selling, and storage of digital assets.