738 Bitcoin, valued at approximately $51.1 million, was transferred from Coinbase Institutional to an unidentified wallet. The movement represents a significant withdrawal from a centralized exchange platform into self-custody or private holdings.
Large transfers of this scale from institutional-grade custody services often draw attention from on-chain analysts monitoring potential market-moving activity or shifts in institutional positioning.
738 BTC Worth $51.1M Moved from Coinbase Institutional to Unknown Wallet
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