1,405 Bitcoin Worth $100.19 Million Moved to Coinbase Institutional

A whale-alert style post says 1,405 Bitcoin was transferred from an unknown wallet to Coinbase Institutional, a platform used for institutional crypto trading and custody.

Summary

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Terms & Concepts
  • Coinbase Institutional: Coinbase’s service platform for institutional trading, custody, and related digital asset operations.
  • Bitcoin transfer: An on-chain movement of Bitcoin between wallets, typically recorded publicly on the blockchain.