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News ยท โ–ผ Bearish ยท 1 source confirmed ยท 2026-09-23 18:25 UTC

๐Ÿšจ ๐Ÿšจ ๐Ÿšจ ๐Ÿšจ ๐Ÿšจ ๐Ÿšจ 1,647 $BTC (138,629,819 USD) transferred from #Coinbase to unknown wallet https://t.co/ZweRzZNmK0

Why now

Thesis: Whale self-custody reduces immediate exchange sell pressure

Catalyst to watch: Follow-on transfers back to exchanges

Main risk: Wallet may simply be an internal rebalance

Why it matters

Large BTC moved off an exchange to an unknown wallet, consistent with self-custody or OTC settlement; exchange outflows can reduce near-term sell-side liquidity.

Details

๐Ÿšจ ๐Ÿšจ ๐Ÿšจ ๐Ÿšจ ๐Ÿšจ ๐Ÿšจ 1,647 $BTC (138,629,819 USD) transferred from #Coinbase to unknown wallet https://t.co/ZweRzZNmK0

Related assets & topics

Coinbase ยท COINBitcoin ยท BTC-USDCrypto

Sources

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