$40 Million Worth of Bitcoin Moved to Coinbase Wallet in Recent Transfer | Crypto

$40 Million Worth of Bitcoin Moved to Coinbase Wallet in Recent Transfer

-An anonymous cryptocurrency wallet holding $40,629,259 of Bitcoin BTC/USD just transferred their funds onto Coinbase.

-The bitcoin wallet address tied to this transfer has been identified as: 1CYp3YKivN86H1mVoAajfWiWTd6PrkRUiC

-Cryptocurrency transfers from wallets to exchanges is typically a bearish signal.

-Most high networth cryptocurrency traders hold their funds on a hardware wallet, as these devices offer better security than cryptocurrency exchanges.

-When whales transfer bitcoin onto an exchange, this typically means they are looking for liquidity.

btc whale image 649 $40 Million Worth of Bitcoin Moved to Coinbase Wallet in Recent Transfer

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