A major whale recently transferred $61.55 million worth of Bitcoin to Coinbase after six years of dormancy
, a long-dormant wallet has sprung back to life after six years in order to deposit 1,000 BTC into Coinbase Prime just hours ago., the US government recently sent roughly $241 million worth of Bitcoin to Coinbase on June 26. Despite some concerns from the community, the transfer did not trigger a significant price move.
With that being said, it is worth mentioning that Bitcoin exchange-traded funds are not back to inflows, which should offer some much-needed respite to bulls. Alex Dovbnya is a cryptocurrency expert, trader and journalist with extensive experience of covering everything related to the burgeoning industry — from price analysis to Blockchain disruption. Alex authored more than 1,000 stories for U.Today, CryptoComes and other fintech media outlets.
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