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With Bitcoin Under $80k, Two Whales Send BTC Worth $206M to Coinbase

Published Source: Bitcoin.com NewsRead original

Crypto Insight Summary: Two bitcoin wallets that sat untouched since 2023 moved 2,571 BTC worth $206.5 million into Coinbase Prime on Monday, three minutes apart. Three Minutes on a Monday Was All It Took The first wallet blinked yesterday and emptied 986.31 BTC into a single deposit address, while a second then followed up with a 1,584.98 BTC […] Crypto Insight Analysis: Direction: Bearish BTC Impact: Minor Impact Horizon: Short-term (1-3 days) Reasoning: Large whale deposits to Coinbase may signal intent to sell, increasing short-term selling pressure.

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