Over 2,000 Bitcoin Transferred to Coinbase Institutional Wallet

Over 2,000 Bitcoin Transferred to Coinbase Institutional Wallet

A total of 2,087 BTC, valued at approximately $135 million, was moved from an unidentified wallet to Coinbase Institutional, suggesting potential large-scale trading or custodial activity.

BTC

Summary

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Terms & Concepts
  • Coinbase Institutional: A division of Coinbase offering cryptocurrency trading and custody services for corporations and large-scale investors.
  • BTC (Bitcoin) Transfer: The movement of Bitcoin between digital wallets recorded on the blockchain.