48,000 Bitcoin (BTC) was moved from the US-based crypto exchange Coinbase. Experts think this could be a bullish harbinger.
Whale Alert on October 18 in sharing, approximately 1 billion dollars worth of 48,000 BTC He said he moved.
CEO of CryptoQuant Young Ju 19 October via social media account in the post he sharedported from Coinbase 48,000 to BTC mentioned. The CEO described these reported transactions as Coinbase “breaking the piggy bank” to return assets to its institutional customers.
In his CEO post, he included a chart of Bitcoins moved from Coinbase. Bitcoin on chart 19,000–20,000 The volume of Bitcoin moved out of the stock market when it was traded between large there have been increases seen.
In his previous post, Bitcoin’s current price is a sign of institutional investors. to the cost lots close and Pointing out that it is below from time to time, Young Ju said that this is a bullish signal for those who believe that institutional investors rule the market.
According to experts, investors’ assets from the stock markets cold to wallets transfer a rise herald it could be.
