Coinbase sees third-largest Bitcoin withdrawal in a year with $1.1 billion moved in a day

James Van Straten

Quick Take Coinbase exchange witnessed a massive withdrawal of approximately 16,100 BTC, valued at $1.1 billion, on March 28. According to data from Arkham Intelligence, this substantial outflow occurred in two separate transactions, with the first involving roughly 8,100 BTC worth around $574 million and the second comprising 8,000 BTC valued at approximately $566 million. […]

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Coinbase sees third-largest Bitcoin withdrawal in a year with $1.1 billion moved in a day