Gold Finance reported that CryptoQuant data shows two significant outflows from Coinbase in the past 24 hours, each exceeding 8,000 BTC. A total of 19,487 BTC was withdrawn at an average cost of $96,043, with a total value of approximately $1.87 billion for these two transactions. Analysts stated: "Such large-scale transactions highlight the strong and sustained interest of institutional investors in Bitcoin. Since the approval of the spot Bitcoin ETF, institutional demand has increased significantly. With retail investor interest likely to soon join this trend, Bitcoin seems poised to break through $100,000 in the near future."