The U.S. government sent more than 1,500 Bitcoin to Coinbase Prime in a single day. Including WBTC, they’re worth over $130 million, with the latest transfer happening just after 10 p.m. last night.
$BTC Bitcoin fell to $82,700 at 9 p.m. last night, its lowest level since October. It’s now just above $83,000.
Moving coins onto an exchange doesn’t mean they’ve been sold. The first batch was still coins seized in those old Bitfinex cases. But the market was already weak, so moving them to Coinbase at a time like this is bound to raise questions. Do you think they’re planning to sell, or is this just a routine transfer? Share your thoughts in the comments.
$BTC Bitcoin fell to $82,700 at 9 p.m. last night, its lowest level since October. It’s now just above $83,000.
Moving coins onto an exchange doesn’t mean they’ve been sold. The first batch was still coins seized in those old Bitfinex cases. But the market was already weak, so moving them to Coinbase at a time like this is bound to raise questions. Do you think they’re planning to sell, or is this just a routine transfer? Share your thoughts in the comments.