đš MAJOR WHALE ACTIVITY: $705M+ in BTC & Stablecoins Moved in 6 Hours! đš
The last few hours have seen huge movements across top exchanges and treasuries:
đ° Bitcoin Transfers:
470 $BTC â Coinbase Institutional (~$50.35M)
471 BTCâ Coinbase Institutional (x2) (~$101.1M)
500 BTCâ Binance (~$53.1M)
640 BTCâ Binance ($68M)
đ Total BTC Moved: 2,052 BTC ($272.6M)
đ” Stablecoin Flows:
$60M $USDC burned at Treasury
$55M $USDC burned at Treasury
$178.1M $USDT â OKEX
$191.9M $USDT â from OKEX
đ Total Stablecoin Volume: ~$485M
đ What it means:
Coinbase Institutional inflows = possible OTC deals or institutional accumulation
Binance BTC inflows = potential sell pressure
USDC burns = fiat redemptions or capital rebalancing
USDT â OKEX = active exchange-side positioning
đ Expect short-term volatility â whales are clearly on the move.
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