<ul><li>Coinbase, the leading US-based crypto exchange, saw a substantial outflow of 7,883 BTC, raising speculations about institutions strengthening their Bitcoin holdings.</li><li>Large BTC outflows from Coinbase are often linked to institutional announcements or spot Bitcoin exchange-traded fund (ETF) inflows, potentially indicating ETF involvement or corporate acquisitions.</li><li>Institutional demand is reflected in the Coinbase Premium Index, which has been consistently positive, suggesting continued interest from US-based investors and potential for another Bitcoin price increase.</li><li>Bitcoin is currently trading near its all-time high at $109,589, with indicators pointing towards a potential break into new highs soon, supported by on-chain metrics showing holders' confidence in further price appreciation.</li></ul>

Bitcoin Sees Massive 7,883 BTC Outflow From Coinbase – Are Institutions Loading Up?

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