7,750 Bitcoin Was Just Transferred From Gemini To Coinbase

What happened: An anonymous Bitcoin (CRYPTO: BTC) whale just transferred $301,174,496 worth of Bitcoin off Gemini, and the investor then sent these funds to Coinbase.

You can view more details about the transaction here.

Why it matters: Bitcoin “Whales” (investors who own $10 million or more in BTC) typically send cryptocurrency between exchanges when looking for liquidity. If a whale were to sell all of their Bitcoin on one exchange, …

Full story available on Benzinga.com

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