🚀 Bitcoin's price is soaring, folks! 🎉 After the US CPI announcement, a whopping 16,021 BTC (worth over $1 billion) was withdrawn from Coinbase. Who's the mystery buyer? CryptoQuant analysts reckon it's an institutional player.

This isn't a one-time thing - it's the 7th similar outflow from Coinbase this year. These outflows have been on the rise since the US SEC gave the green light to Bitcoin ETFs.

The BTC price rally came right after the US CPI numbers were announced, hitting a high of $64,500. Some experts believe the next bull rally will kick off when the US Federal Reserve cuts interest rates.

What's your take on this? Let's chat in the comments! 💬 #Bitcoin #CryptoNews #DeFi