๐จ Whale Alert: Massive BTC Deposit Detected! ๐๐ผ
๐ฐ 599 BTC (โ $70.82M) transferred from unknown wallet to Coinbase Institutional
๐ Date: July 21, 2025
๐ Transaction: ๐ View on Blockchain Explorer (placeholder link)
๐ Potential Market Impact
A transfer of this size to an exchange often suggests possible selling pressure, especially when sent to institutional platforms like Coinbase. If the BTC is sold, it could briefly increase supply and weigh on price, especially if market sentiment is already fragile.
However, this could also be preparatory for OTC (over-the-counter) trading, which has less immediate impact on open market pricing.
๐ What Crypto Holders Should Watch?
๐ธ BTC Price Reaction โ Watch for sharp moves or increased volatility around $118k (current trading range).
๐ธ Exchange Balances โ Rising BTC reserves on Coinbase can indicate increased sell intent.
๐ธ Follow-up Whale Activity โ Additional large inflows or outflows may confirm the whaleโs intent.
๐ธ Market Sentiment & News โ Any regulatory, ETF, or macroeconomic news may amplify the impact.
