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A significant transfer of 1,133 BTC, valued at approximately $71.48 million, was made from Coinbase to Coinbase Prime via an intermediary wallet.
Coinbase Prime is typically utilised by institutional investors for custody, over-the-counter transactions, and trade execution, indicating that this transfer may reflect a move into institutional infrastructure rather than a direct sale.
Reporting aggregated and summarized by CLOM — research & education, not financial advice.