Big withdrawal of 8,455 Bitcoins from Coinbase in one block!

On December 9, 2024, a few hours after the US stock markets opened, a significant transaction took place. After this exit, there are two main suspects:

- Companies like BlackRock that can fill demand for spot ETFs.

- Institutional purchases from players such as MicroStrategy, with speculation of Amazon and Microsoft involvement.

It is undeniable that a big name is behind this transaction worth about $829 million.

Who it is, we will find out soon, but the increasing frequency of such large exits indicates the growing interest of institutions in Bitcoin, regardless of its price.

They hoard without fear - what about you?