3,550 BTC Transferred from Unknown to Coinbase Prime Amidst Crypto Whale Activity
CryptoNewsTerminal Staff16 May, 2024
3,550 BTC Transferred from Unknown to Coinbase Prime Amidst Crypto Whale Activity
Whale Alert reports that 3,550 BTC was transferred from an anonymous address to a Coinbase Prime address. This substantial transaction is worth approximately $230 million at the current market value of Bitcoin. The transfer occurred as part of a series of large cryptocurrency transactions recently observed by Whale Alert. These movements underscore the ongoing activity among crypto whales, who possess significant market influence.