Three whales deposited a combined 6,168 Bitcoin (BTC), valued at approximately $498.5 million, into Coinbase Prime within the past six hours. The large-scale transfer marks one of the most significant whale movements to a centralized exchange in recent sessions.
Coinbase Prime deposits are often interpreted as potential sell pressure signals, as traders typically move coins to exchanges ahead of liquidation or hedging strategies. However, no immediate market reaction has been confirmed from the deposit activity alone.
Three Whales Deposit 6,168 BTC Worth $498.5M Into Coinbase Prime
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