$1.54 BILLION IN BTC MOVED TO COINBASE PRIME | BITCOIN DROPS 7%!
The U.S. government reportedly deposited 17,733 $BTC ($1.48B) and 750 $WBTC ($62M) into #CoinbasePrime over the past 3 days.
During the same period, $BTC plunged 7%.
Is this a potential selling pressure warning for Bitcoin, or just another on-chain movement?
The U.S. government reportedly deposited 17,733 $BTC ($1.48B) and 750 $WBTC ($62M) into #CoinbasePrime over the past 3 days.
During the same period, $BTC plunged 7%.
Is this a potential selling pressure warning for Bitcoin, or just another on-chain movement?