Coinbase just witnessed a record Bitcoin outflow: 10,756 BTC withdrawn in just one hour, coinciding with the announcement of the Fed's interest rate decision.
- Transaction details:
- First block: 8,093 BTC
- Second block: 2,557 BTC
- Total withdrawal amount: 10,650 BTC
- Transaction value: 1.1 billion USD
This move may be due to purchases from large institutions or meeting the demand for Spot ETFs, similar to previous activities. This indicates the growing influence of institutions in the Bitcoin market.
American investors continue to accumulate Bitcoin despite price volatility. Analyzing the impact of these large transactions on price trends is very important.