🚨 $150 Million in Bitcoin Just Hit Coinbase — What’s Going On?
Whale Alert has spotted two massive BTC transfers to Coinbase totaling 1,588 BTC (~$150M)—and it has the market watching closely.
📦 Transaction Details:
• 910 BTC ($100.2M)
• 678 BTC ($74.6M)
🔄 Both sent within an hour from anonymous wallets.
💭 Why it matters:
Large transfers to exchanges often signal potential sell pressure—especially when they come from cold wallets. This has sparked speculation that a whale might be preparing to offload.
But here’s the twist:
📈 Despite the inflow, Bitcoin is up 1.06% in the past 24h, currently trading at $110,194.
That’s still just 1.59% below its ATH of $111,970.
📊 ETF demand remains strong—7,869 BTC flowed into spot ETFs in one day recently, keeping the momentum alive.
👀 Could this just be portfolio rebalancing? Or is a big sell-off brewing?
Stay sharp. Whales are moving.
