Over 1,600 BTC Worth $112.5M Moved from Coinbase Institutional

Over 1,600 BTC Worth $112.5M Moved from Coinbase Institutional

Blockchain data shows a major Bitcoin transfer from Coinbase Institutional to an unidentified wallet, highlighting significant crypto movement tracking in the market.

BTC

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Terms & Concepts
  • Coinbase Institutional: A service by Coinbase catering to large-scale and professional investors, offering secure custody and trading solutions for cryptocurrencies.
  • Wallet: A digital storage used for holding, sending, and receiving cryptocurrencies, secured by cryptographic keys.
  • Blockchain Data: Information recorded on a blockchain ledger that tracks and verifies transactions transparently.