$1 Billion Bitcoin Transfer Triggers Massive Liquidations — This Is Where It Was Offloaded
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3 Articles
$1 Billion Bitcoin Transfer Triggers Massive Liquidations — This Is Where It Was Offloaded
A Bitcoin (CRYPTO: BTC) transfer of nearly $1 billion has caused a stir in the cryptocurrency market. What Happened: The transfer, which originated from Coinbase, was sent to an unidentified wallet, leading to speculation about potential institutional accumulation or a significant holder’s long-term cold storage. According to the Whale Alert, 7,743 BTC, valued around $916.25 million, was moved from Coinbase to a new wallet. The transaction occur…
Bitcoin Whale Activity Surges as $916M Transfer and Dormant Holder Shake Market
Big Bitcoin Move Sparks Market Jitters Something unusual happened over the weekend. Around 3:43 AM UTC on Saturday, a staggering 7,743 Bitcoin—worth just over $916 million—was quietly shifted out of Coinbase. The destination? A brand-new wallet with no known owner. At the time, Bitcoin was sitting at $118,329 per coin. Moves like this don’t happen every day. It could mean a few things—maybe a big player is scooping up BTC for the long haul, or p…
A Crypto Whale Made A Massive Move of 7,743 BTC Worth $916M From Coinbase
A whale moved 7,743 BTC worth $916M and pulled the Bitcoin price down to $116K fast. Galaxy Digital added 4,500 BTC to custody and then sent coins to Binance and Bybit. In one day $83M in Bitcoin trades got liquidated as retail traders faced quick losses. Bitcoin markets faced a large disruption today after a whale transferred 7,743 BTC—valued at approximately $916 million—from Coinbase to an unknown wallet, as per Whale Alert. The transaction o…
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