45,360 ETH Worth $148.6 Million Moved from Coinbase Institutional to New Wallet

45,360 ETH Worth $148.6 Million Moved from Coinbase Institutional to New Wallet

A large Ethereum transfer from Coinbase Institutional signals significant blockchain activity as funds move to an unidentified address.

ETH

Summary

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Terms & Concepts
  • Ethereum (ETH): A leading blockchain platform supporting decentralized applications and smart contracts.
  • Coinbase Institutional: A service by Coinbase designed for large-scale crypto trading and custody solutions for institutions.
  • Wallet Address: A unique identifier on the blockchain used to store and transfer cryptocurrency.