maartunn
Dormant Bitcoin moved out from Coinbase Pro
🚨A total amount of 48K $BTC has moved on-chain. A Big portion is really old coins (between 3 and 5 years old). ▶ 3m - 6m: 11,280 BTC ▶ 12m - 18m: 4,560 BTC ▶ 3y - 5y: 32,000 BTC The outflow of 48K $BTC is coming from #Coinbase Pro and has a dollar value of $940,032,000.00 😱 Further investigation is needed to conclude whether it's an exchange in-house flow, sent to a new wallet, or just a clean outflow. Update ▶️ 8k BTC has been deposited on Coinbase shortly after ▶️ The transactions were partially split into batches of 122 BTC. We've seen this multiple times during the 2021 bull run, right? *ahem, i̶n̶s̶t̶i̶t̶u̶t̶i̶o̶n̶s̶*