Whales are out! More than 4,200 BTC left Coinbase, where did the $250 million go?

In the past 17 hours, two new wallets withdrew an astonishing 4,253 BTC from Coinbase! Among them, the wallet address starting with bc1qh7 transferred out 3,653 bitcoins in one go, worth about $260 million; another wallet starting with bc1qgt transferred out 600 bitcoins, totaling $42.63 million.

The appearance of whales of this level is not to mention the signal of market fluctuations - big funds are moving, whether it is hoarding or layout, we have to be careful to keep an eye on the subsequent trends. What is the purpose behind this wave of operations, and where will the market go in the future? Worth paying attention to!

Follow Lao Chen to reveal the movements of whales and look forward to market opportunities!

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