1,581 BTC Transferred From Anonymous to Coinbase Wallet

IconCryptoNewsTerminal Staff19 Sep, 2024

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1,581 BTC Transferred From Anonymous to Coinbase Wallet

1,581 Bitcoins (BTC), worth approximately $100 million, were transferred from an anonymous address to a Coinbase address on [Date]. The transaction was flagged by Whale Alert, a popular blockchain tracking service. It is unclear who initiated the transfer or the reason behind it. Coinbase is a well-known cryptocurrency exchange and wallet service. The transfer of such a large amount of BTC to Coinbase could indicate that the sender is planning to sell the coins or use them for other purposes.

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