Several large amounts of BTC have been withdrawn from the crypto exchange Coinbase in the last 10 hours. Over $1.17 billion in cryptocurrency has been transferred to anonymous wallets.
Three large BTC transfers from Coinbase were discovered by Whale Alert and sent to anonymous crypto addresses. Each time, the amount was between 9,850 and 9,900 BTC, totaling over 30,000 BTC.
It is reported that around 20,200 BTC has outflowed from Coinbase. Many people believe that these outflows are consequences of Coinbase’s sanctions.
Bitcoin has lost 8% of its value during the last three days. Since March 9, it has lost nearly 8% of its value, falling from $42,540 to $38,719, where BTC is now trading on the Binance exchange.
BTC’s price started to skyrocket to $42,000 when the executive order has been leaked. Bitcoin’s market cap also reached $800 million after the President officially signed the crypto order. But now, the leading cryptocurrency is suffering big price swings every day.
DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.
Join CoinCu Telegram to keep track of news: https://t.me/coincunews
Follow CoinCu Youtube Channel | Follow CoinCu Facebook page
Hazel
CoinCu News
The crypto industry campaign spent $135 million supporting over 50 U.S. election candidates in 2024,…
Major investors are heavily purchasing specific tokens they think have great development potential when huge…
Crypto is still shaking up the financial world, and the latest players in this space…
Discover why BlockDAG (BDAG) is emerging as a strong competitor to Kaspa (KAS) with its…
With financial inclusion and customer-first on top of mind, founded in 2018, BitMart is a…
Finding the best crypto to join right now can feel like searching for a gem…
This website uses cookies.
