The notorious Coinbase seller is back at it, reportedly influencing Bitcoin’s price dynamics with large sell-offs.
Many have noticed a pattern: this seller tends to act when prices are high or during key market moments, affecting the Coinbase/Binance arbitrage spread. These actions have also raised concerns about Coinbase’s service availability during price surges, pointing to either strategic selling or platform limitations.
On the bright side, we might see some relief once this seller is finished. 👀
What are your thoughts?
Source :- @cryptoquant_com
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