4h ago
Institutional Bitcoin Transfers Totaling $160m Hit Coinbase
@Coinbase Institutional has processed a series of high-value Bitcoin transfers totaling over $160 million within the last few hours.
Three separate transactions moved approximately 2,151 $BTC between the exchange and unknown institutional wallets.
These rapid back-and-forth movements of ~700 $BTC per clip often signal internal custodial rebalancing or institutional OTC settlements.
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