menu
techminis

A naukri.com initiative

google-web-stories
Home

>

Cryptography News

>

Over $770M...
source image

Coindoo

2M

read

165

img
dot

Image Credit: Coindoo

Over $770M in Bitcoin Moved to Coinbase and Cumberland as Institutional Activity Surges

  • A surge in institutional activity is indicated by significant Bitcoin transfers to Coinbase Institutional and Cumberland.
  • Over $410 million in Bitcoin was transferred to Coinbase Institutional in multiple transactions, with amounts ranging from 460 to 465 BTC each.
  • Cumberland, another major crypto trading firm, received substantial Bitcoin transfers, including 1,113 BTC, 1,021 BTC, and 984 BTC.
  • Noteworthy transactions involving Binance and internal transfers between Cumberland and Coinbase Institutional point towards strategic positioning and professional involvement in the Bitcoin market.

Read Full Article

like

9 Likes

For uninterrupted reading, download the app