Bitcoin Transfer Sends 632 BTC From Coinbase Institutional to Unknown Wallet
Photo: TokenPost
Bitcoin (BTC) valued at about $51.5 million moved from Coinbase Institutional to a wallet with no named owner, in a transfer totaling 632 BTC. The reported dollar value was $51,539,075. The transfer details identify Coinbase Institutional as the sending side and describe the destination only as an unknown wallet. That leaves the receiving party unidentified in the transaction description. No person or organization is named as the wallet’s controller. The transfer details do not give a reason for the transaction or say whether it was connected to a sale, purchase or another activity.
Source: TokenPost
