Recent significant cryptocurrency transactions have stirred the market, with notable movements involving large sums of Bitcoin. Two significant transfers totaling 7,999 Bitcoin, valued at $556k, were moved from Coinbase to two new whale wallets, identified as 1GTMBey67 and 1JBLiYV9tn9, in 57 increments of 200 Bitcoin each. Additionally, Grayscale has been active, transferring 1,634 Bitcoin and another batch of 1,634.34 BTC worth approximately $111.4 million to Coinbase. Another large transfer of 6,513 Bitcoin to a Coinbase Institutional wallet was noted. The US Government also made a substantial move, transferring 30,174 BTC, valued at around $2 billion, to Coinbase. Further transactions from Grayscale included 3,184 BTC and 1,424 BTC to the Coinbase Prime hot wallet, totaling $301 million, and an additional 1,999 BTC ($139M) to the same address. These transactions have sparked speculation and discussions regarding potential market impacts, including sell pressure and the possibility of an Over-The-Counter (OTC) transaction or sale involving the Silk Road Bitcoin.
Market is fucking wild RN! Ansems animals absorbing all liquidity Silkroad 2.2 billion transfer to coinbase IDK WTF TO DO HAHAHHAHAHHA
UPDATE: 1999 BTC ($139M) TRANSFERRED TO SAME COINBASE PRIME ADDRESS https://t.co/ffnDDnwug6
people thinking memecoin season is ending is gunna be in big disbelief soon
here we go boys 30.1k BTC of possible sell pressure Next few months gonna be fun, hold steady lads
I heard they are planning to buy a couple shares of @pacmoon_ @DistrictOneIO space https://t.co/RnhMaMxMz6
DOJ has now sent 2000 BTC to Coinbase Deposit at txh: b614dd2e0fa06d776ee4d45973fab5ceb6e2dfebfb84e5f7bd45ef0975455240 https://t.co/3JEI1oz40X
is this why Bitcoin sold off hard yesterday? https://t.co/SAOlFewUdm
sophisticated players not buying memecoins you diddler https://t.co/X0BDXUm6vZ
The US is either preparing to settle an OTC transaction involving the Silk Road BTC with Coinbase (the 3Kr address), or is about to sell. I will let you decide, but the price action either means the news leaked or it already happened imo https://t.co/C5pSeo5UJT
Wallet containing $2 billion of DOJ-seized bitcoin appears to send test transaction to Coinbase Prime: Arkham data https://t.co/nGvXYtF8zl
According to Arkham, Grayscale transferred 3,184 BTC and 1,424 BTC to the Coinbase Prime hot wallet address 3MqUP6G1daVS5YTD8fz3QgwjZortWwxXFd in two transactions at 21:24 and 23:21 UTC+8 on April 3, with a total value of $301 million. https://t.co/GPAgXX0yef
🚨BIG BREAKING🚨 The U.S. Government has recently transferred 30,174 BTC over to Coinbase! Oh F.. https://t.co/b9gDSd5haG
🚨BREAKING: US GOVT MOVES 30K $BTC (WORTH $2 BILLION) TO @COINBASE PRIME
US Government moves $2B in Bitcoin from seized funds https://t.co/5xrbdWuSqR
Looks like they're doing a test transaction to 3KrZVU9Jz4UKHpKUtuvkEMX1tY8zeiTvX2 which Arkham labels as Coinbase Prime Deposit. Once this tx is confirmed I'd assume they start moving big boys. Also an OTC deal have leaked yesterday which caused the dump? https://t.co/DGZdGbtUgy https://t.co/mejXQicJcE
🚨 BREAKING 🚨 GRAYSCALE HAS TRANSFERRED 1634.34 BTC WORTH $111.4 MILLION TO COINBASE. https://t.co/LStmWHPlbj
Grayscale just transferred another 1,634 #bitcoin to coinbase... Another dump coming? 👀
Whale moves: @Grayscale sends 1634 Bitcoin to @coinbase Prime wallets 47 minutes ago 👀 https://t.co/p9RYeKPjrL https://t.co/aKS4Co7tqD
Whale moves: Large transfer of 6,513 Bitcoin to @coinbase Institutional wallet 32 minutes 6 seconds ago 👀 https://t.co/BHozNNf1xN https://t.co/26ZpQj3yr1
Whale moves: 2 large moves of 7,999 Bitcoin ($556k) from @coinbase into 2 new whale wallets : - 1GTMBey67 - 1JBLiYV9tn9 Both transactions were in 57 increments of 200 Bitcoin 👀 https://t.co/ygeXsZICwi #Coinbase #Bitcoin #Whales https://t.co/bU9DzDypXd
Whale moves: 2 large moves of 7,999 Bitcoin ($556k) from @coinbase into 2 new whale wallets : - 1GTMBey67 - 1JBLiYV9tn9 Both transactions were in 57 increments of 200 Bitcoin 👀 https://t.co/i5TOEnGJPP