$859 Million Bitcoin Mystery Stuns Coinbase as Cryptocurrency's Trail Gets Lost in Blockchain
2 Articles
2 Articles
$859 Million Bitcoin Mystery Stuns Coinbase as Cryptocurrency’s Trail Gets Lost in Blockchain
In one of the biggest outflows this quarter, 7,625 BTC, or $859 million in dollar equivalent, were moved from Coinbase storage to a brand new wallet. Not only did the transfer catch attention because of its size but also because of how those BTC were divided. Unlike typical transfers, the coins were bundled into parcels of around 150 BTC each, which is about $16 million, and distributed to 50 new addresses. The only exception was a smaller batch…
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