A post by @whale_alert on X.
1,190 $BTC (91,870,463 USD) transferred from #Coinbase to unknown wallet
@whale_alert on X
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Whale Alert flagged a transfer of 1,190 BTC, valued at approximately $91.87 million, moving from Coinbase to an unknown wallet, implying an implied price of roughly $77,200 per bitcoin. Large outflows from centralized exchanges like Coinbase are often read by traders as a potential signal of accumulation or cold-storage movement, though they can also reflect internal exchange treasury management or OTC settlement. The transfer ranks among the larger single Bitcoin transactions tracked on-chain this session, and its size relative to typical exchange flows makes it noteworthy for liquidity watchers. Coinbase remains the largest U.S.-listed crypto exchange and a key gauge of U.S. institutional flows, so movements off the platform are closely monitored. Market participants will watch whether the funds remain dormant in the new wallet, suggesting long-term holding, or re-enter exchange addresses, which could indicate pending sale pressure.
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