1,498 Bitcoin Worth $109.8 Million Moved to Coinbase Institutional
An unidentified wallet transferred nearly $110 million in Bitcoin to Coinbase Institutional, suggesting possible large-scale investor or custody reallocation activity.
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Terms & Concepts
Coinbase Institutional: A professional trading and custodial platform operated by Coinbase, designed for institutional and high-net-worth digital asset investors.
Bitcoin (BTC): The first decentralized digital currency using blockchain technology to enable peer-to-peer transactions.
Wallet: A digital tool or address used to store and manage cryptocurrencies like Bitcoin.