Whales Send $152M Bitcoin To Coinbase In Series Of Rapid Transfers – Bitcoin – United States Dollar ($ BTC)

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A series of high-value Bitcoin ( CRYPTO: BTC) transfers to cryptocurrency exchange Coinbase Global Inc ( NASDAQ: COIN) on Thursday.

What Happened: According to information from blockchain wallet tracker Whale Alert, 2,000 BTC worth $85.6 million was sent out to Coinbase from an unidentified wallet.

The deal was followed by 2 more whale transfers of 1,045 BTC, worth $44 million, and 564 BTC, worth $23.7 million.

Why It Matters: Blockchain analytics company Santiment observed that coins were relocating to exchanges in “rapid fashion” as an outcome of a market-wide pump on Thursday.

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