CryptoQuant and Whale Alert data show that in the past 20 hours, a corporate whale purchased 11,827 Bitcoin (BTC) from the major US-based cryptocurrency exchange Coinbase and pulled it into a hardware wallet.
$ 670.9 million of Bitcoin withdrawn from Coinbase
The Moskovski Capital CIO shared a CryptoQuant chart showing that institutional investors continue to hold Bitcoin stocks and are determined to keep BTC in the long term. 11,827 Bitcoins withdrawn from Coinbase Pro, equivalent to $ 670,995,053. The transaction was confirmed by the Whale Alert service, which monitors large crypto transfers.
— Lex Moskovski (@mskvsk) April 30, 2021
Recently, two major banking giants – Goldman Sachs and JP Morgan – announced their plans to offer the leading cryptocurrency to their high net worth customers. Goldman Sachs will allow 2.5 percent of the client’s net worth to be invested in Bitcoin.
BTC approached $ 58,400
On April 30, he created 2 separate one-hour green candles, which raised Bitcoin from $ 53,000 to the $ 57,000 zone, and then caused April to close in green. Earlier today, the leading cryptocurrency was very close to the 58,400 level; but it bounces back. At the time of writing, it is trading at $ 57,388.