Bitcoin Whales Move $1 Billion Worth of Assets From Coinbase � What�s Going On

Davidrusel1827 Feb, 2024Business

This development has sparked a flurry of speculation and intrigue, leaving many to wonder about the motives behind such a large-scale asset transfer and its potential implications for the Bitcoin market. Before delving into the specifics of this event, it?s essential to understand who Bitcoin whales are. In the cryptocurrency information, a ?whale? refers to an individual or entity that holds a large amount of cryptocurrency. In the case of Bitcoin, whales are those with substantial Bitcoin holdings, capable of making market-moving transactions.