1,709 Bitcoin Worth $157 Million Moved From Coinbase Institutional

A large Bitcoin transfer was recorded from Coinbase Institutional to an unidentified new wallet, according to on-chain data trackers.

BTC

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Terms & Concepts
  • Coinbase Institutional: A service by Coinbase designed for large-scale crypto trading and custody solutions for institutional investors.
  • Wallet: A digital storage for cryptocurrencies, which can be software-based or hardware-based.
  • On-chain data: Information recorded directly on the blockchain, allowing public verification of transactions.