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Cryptocurrency Ecosystem => XRP - Ripple Forum => Other Popular Cryptos / Coins => Ripple News & Updates => Topic started by: Rakin343 on April 12, 2021, 01:10:38 PM
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Recent chart from Glassnode analytics provider says that on Sunday, April 11, a crypto whale transacted a jaw-dropping 12,638 Bitcoin from the largest US-based cryptocurrency exchange Coinbase.
Almost $770 million worth of BTC leaves Coinbase
Glassnode chart shared by the Moskovski Capital CIO shows that a whopping $769.5 million was withdrawn from Coinbase on April 11.
These coins were taken out from Coinbase just within ten minutes.
Earlier, no link shorteningday reported that financial institutions bought and withdrew large amounts of Bitcoin from Coinbase as well – that took place in early March.
Financial institutions continue to buy Bitcoin as a hedge against inflation, even though it is almost at its peak price at the moment.
On Sunday, the flagship cryptocurrency traded at the $59,846 level, reaching a peak of $60,760 area. A day before, Bitcoin even surged to as high as $61,500 (without closing at that mark, though).
Another top crypto that rallied on Saturday was Ethereum – Vitalik Buterin’s brainchild soared to the new all-time high of $2,200. Source (https://cryptonews.net/533394/?utm_source=CryptoNews&utm_medium=app&utm_campaign=shared)