Bitcoin Whale Just Transferred $58M Worth of BTC Onto Coinbase

What happened: An anonymous cryptocurrency wallet holding $58,271,015 of Bitcoin (CRYPTO: BTC) just transferred their funds onto Coinbase. The bitcoin wallet address tied to this transfer has been identified as:

1P5ZEDWTKTFGxQjZphgWPQUpe554WKDfHQ

You can view more details about the transaction here.

Why it matters: Cryptocurrency transfers from wallets to exchanges is typically a bearish signal. Most high networth cryptocurrency traders hold their funds …

Full story available on Benzinga.com

By

Leave a Reply

Your email address will not be published. Required fields are marked *