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US government's 8,428 BTC transfer to Coinbase Prime is its biggest outflow day since 2024

Published Source: CryptoPolitanRead original

Crypto Insight Summary: The US government sent 8,428 BTC to Coinbase Prime on Wednesday, its largest one-day bitcoin outflow since December 2, 2024, Galaxy Research data shows. Crypto Insight Analysis: Direction: Bearish BTC Impact: Minor Impact Horizon: Short-term (1-3 days) Reasoning: Large BTC transfer to Coinbase may signal potential selling pressure.

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