$806m Bitcoin transfer registered ... institutional flow?
Noting this item on financial sites (here's a link, there are others also)
- data point extracted from the Bitcoin blockchain
- $806 million worth of the cryptocurrency apparently transferred earlier in the day off of the Coinbase exchange's institution-focused unit, Coinbase Pro
- 14,666 BTC were moved off the exchange during the early U.S. hours in a small number of transactions.
- outflow was split into multiple wallets