78,218 Ether Worth $151 Million Moved From Coinbase Institutional to Unknown Wallet
A large transaction saw 78,218 ETH valued at approximately $151 million transferred from Coinbase Institutional to an unidentified new wallet, signaling possible institutional activity.
ETH
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Terms & Concepts
Coinbase Institutional: A service by Coinbase designed for professional and institutional investors to trade and store cryptocurrencies securely.
ETH (Ether): The native cryptocurrency of the Ethereum blockchain, used for transactions and smart contract execution.
Wallet: A digital address used to store, send, and receive cryptocurrencies on blockchain networks.