Crypto Whale Transfers $322 Million BTC to Coinbase

A mysterious whale, referred to in crypto circles as Whale Alert, caused a ripple effect in the digital currency market today. According to Whale Al alert’s data, an impressive transfer of 4,535 Bitcoins, equivalent to $322.14 million, was smoothly moved into the leading US cryptocurrency exchange, Coinbase.

4,535 #BTC (322,140,860 USD) transferred from unknown wallet to Coinbase Institutional— Whale Alert (@whale_alert) April 11, 2024

The transaction becomes captivating as it approaches its destination: Coinbase Institutional, a platform tailored for businesses and financial institutions. Upon arrival, comprehensive services are on hand to facilitate the secure storage, acquisition, and sale of digital assets.

A newcomer with the mysterious handle “147t6” has made its debut in the fast-paced world of cryptocurrencies. This entity appeared just two days ago, making headlines through an initial transaction involving a large withdrawal of 843.53 Bitcoins, equivalent to a whopping $60.45 million, from Coinbase Prime.

Starting from its beginning, this mysterious figure has followed a distinct pattern on Coinbase: regularly sending out Bitcoins, amassing a substantial hoard of 4,535 coins over time.

Today, the story becomes more exciting as all the possessed assets are moved to Coinbase Institutional, leaving the sender’s wallet devoid of any remaining coins. This action raises questions, leading to conjecture about the hidden reasons and goals behind the anonymous “147t6” in the world of cryptocurrencies.



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2024-04-11 15:48