Bitcoin worth over $150 million transferred from Coinbase to unknown wallet; community speculates foul play


Published 9m ago via ambcrypto.com

Bitcoin worth over $150 million transferred from Coinbase to unknown wallet; community speculates foul play
AMB Crypto via ambcrypto.com

Post the rise in value of the world’s largest cryptocurrency, many transactions and transfers of significant amounts have taken place. A recent transfer of Bitcoin worth $3.25 billion had put a spotlight on the BTC ecosystem once again, with users interested in the industry taking a deeper look at the transfer market.

Recently, Whale Alert, a cryptocurrency transfer alert website, revealed that 18,899 BTC worth $153.44 million had taken place from the Brian Armstrong-led Coinbase to an unknown wallet. The transfer was spoken about by C3|Nik, a popular cryptocurrency proponent, who tweeted, “18,900 Bitcoin were transferred to Coinbase a few hours ago.

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