A significant Bitcoin transaction has been recorded, with 5,869 BTC, valued at approximately $513.8 million, moved from Coinbase's cold wallet to a new, unmarked address. The transfer also included additional inflows of 152.611 BTC and 50.87 BTC. Despite the large movement, Bitcoin's price remained stable around $87,648. This transaction could indicate long-term holding strategies or routine operations such as address rotation. Meanwhile, traders are monitoring altcoins amid evolving market dynamics.
$513.8 Million in Bitcoin Transferred from Coinbase Cold Wallet
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