Whale Withdraws $3.41 Million Worth of AVAX from Coinbase

IconCryptoNewsTerminal Staff18 May, 2024

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Whale Withdraws $3.41 Million Worth of AVAX from Coinbase

Whale Withdraws $3.41 Million Worth of AVAX from Coinbase On-chain data analysis platform The Data Nerd revealed via Twitter that "12 hours ago, whale '0xBf1' withdrew 93,500 $AVAX (⁓$3.41M) from Coinbase." The whale had previously withdrawn 152,500 $AVAX (⁓$7.82M) from Coinbase last month. Currently, the whale holds 246,000 $AVAX (⁓$9.2M) with an unrealized P/L of $2.06M. This news follows recent reports of large AVAX transactions, indicating increased activity and interest in the cryptocurrency. ```