🚨 BITCOIN SENT TO COINBASE — ABOUT TO BE SOLD? 😱
A wallet linked to the U.S. government moved around 833.6 BTC to Coinbase Prime, worth approximately US$71.6 million. �
BTCRepublic
And the timing is making the market even more cautious.
BTC is under pressure around $83K–$84K, while the 10-year Treasury yield has climbed to around 5.3% and the dollar has strengthened. �
Barron's
⚠️ BUT THERE'S ONE IMPORTANT THING:
There’s no evidence yet that the BTC was actually sold.
Coinbase Prime also serves as institutional custody.
👀 SO NOW THE MARKET IS WATCHING:
🔻 Will this transfer lead to selling pressure?
🏦 Or is it just a routine custody transfer?
📉 If BTC fails to hold above $83K, could the pressure intensify?
📈 Or is this just noise before BTC rebounds?
🔥 BTC ON COINBASE PRIME — A SELL SIGNAL, OR JUST A TRANSFER?
That’s what’s interesting to keep an eye on. 👀
#BTC #Bitcoin #Crypto #coinbase #BinanceSquare
$BTC
$GLMR
$MET
A wallet linked to the U.S. government moved around 833.6 BTC to Coinbase Prime, worth approximately US$71.6 million. �
BTCRepublic
And the timing is making the market even more cautious.
BTC is under pressure around $83K–$84K, while the 10-year Treasury yield has climbed to around 5.3% and the dollar has strengthened. �
Barron's
⚠️ BUT THERE'S ONE IMPORTANT THING:
There’s no evidence yet that the BTC was actually sold.
Coinbase Prime also serves as institutional custody.
👀 SO NOW THE MARKET IS WATCHING:
🔻 Will this transfer lead to selling pressure?
🏦 Or is it just a routine custody transfer?
📉 If BTC fails to hold above $83K, could the pressure intensify?
📈 Or is this just noise before BTC rebounds?
🔥 BTC ON COINBASE PRIME — A SELL SIGNAL, OR JUST A TRANSFER?
That’s what’s interesting to keep an eye on. 👀
#BTC #Bitcoin #Crypto #coinbase #BinanceSquare
$BTC
$GLMR
$MET