What happened: A Bitcoin (CRYPTO: BTC) whale just sent $593,723,561 worth of Bitcoin off Coinbase.
The BTC address associated with this transaction has been identified as: 3GoyTuGqJUC6PhLx2PzVXcz86rjsAMBtoS.
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 …
Full story available on Benzinga.com