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As revealed thanks to data from Whale Alert, an unknown whale sent 4,535 BTC, equivalent to $322.14 million, to the largest crypto exchange in the United States, Coinbase. What adds even more color to this transfer is that it was made on Coinbase Institutional.Â
What is known about the sender? The address "147t6" is a relatively new player on the crypto scene. The first transactions with this address date back only two days earlier, when they withdrew the first 843.53 BTC, equivalent to $60.45 million, from Coinbase Prime.Â
From then until now, they were only transferring out Bitcoin from Coinbase, thus accumulating 4,535 BTC, which was sent to Coinbase Institutional today. This address is now completely empty.
What about $BTC price next
At this time, the price of Bitcoin first fell 5.53%, dropping from $71,758 to $67,518. However, in the last 20 hours, the price of BTC has started to show signs of recovery 72k soon