🚨 🚨 🚨 685 $BTC (57,499,940 USD) transferred from unknown wallet to Coinbase Institutional https://t.co/eRZNkmgXO9
Why now
Thesis: Large BTC transfer to Coinbase may signal selling
Catalyst to watch: Follow-on inflows or exchange order books
Main risk: Increased supply could push prices down
Why it matters
Large BTC inflows to Coinbase Institutional often precede selling or custody moves, a short-term supply signal.
Details
🚨 🚨 🚨 685 $BTC (57,499,940 USD) transferred from unknown wallet to Coinbase Institutional https://t.co/eRZNkmgXO9
Sources
- x · 2026-09-23 16:04 UTC