A Whale Removed Over 12 BTC from Coinbase in Several Minutes

A whopping 12.638 Bitcoins, which is equal to $769 million according to the rate at the moment, were withdrawn from Coinbase, one of the largest crypto exchanges. It took only 10 minutes for the crypto whale to remove this load of Bitcoins, according to Glassnode.

However, despite the fact that now Bitcoin is hitting its maximum, bulls keep buying it. The similar situation, when the institutional investors were buying and withdrawing large amounts of Bitcoin from this very exchange, was noticed back in March.

Also Glassnode noticed the big movements of Bitcoins for sale from miners to the exchanges. They used to accumulate it rather than sell but now the index Miners to Exchange Flow hit its ATH of 17.767 BTC.

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