In the past 24 hours, Coinbase has experienced two significant outflows, each exceeding 8,000 BTC. A total of 19,487 BTC was withdrawn, with an average cost of $96,043, and the total value of these transactions is approximately $1.87 billion.

Such large-scale transactions highlight the strong and persistent interest of institutional investors in Bitcoin. Since the approval of the spot Bitcoin ETF, institutional demand has significantly increased. With retail investor interest likely to soon join this trend, Bitcoin seems poised to break through $100,000 in the near future.