What happened: A Bitcoin (CRYPTO: BTC) whale just sent $77,050,189 worth of Bitcoin off Coinbase.
The BTC address associated with this transaction has been identified as: 1PNSSz95SM1o1XCk7i2QUg8batuqi1LJ7k.
Why it matters: Bitcoin “Whales” (investors who own $10 million or more in BTC) typically send cryptocurrency from exchanges when planning to hold their investments for an extended period of time. Storing large amounts of money on an exchange presents …
Full story available on Benzinga.com