A significant transfer of 12,102 ETH, valued at approximately $51.6 million, has been made from Coinbase Institutional to an unidentified new wallet. The transaction has caught the attention of the crypto community due to its size and the anonymity of the receiving address. Such large movements of Ethereum often prompt speculation about potential market impacts or strategic repositioning by institutional players.
12,102 ETH Transferred from Coinbase Institutional to New Wallet
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