"3320 Bitcoins (BTC) Deposited to Coinbase... Worth Approximately 463.3 Billion KRW"
Minseung Kang
Summary
- Whale Alert revealed that 3320 Bitcoins were deposited to Coinbase.
- This deposit is significant, amounting to 463.3 billion KRW.
- Large deposits can potentially lead to increased short-term volatility due to rising selling pressure.
3320 Bitcoins (BTC) have been deposited to the Coinbase exchange.
According to the cryptocurrency transaction tracking site Whale Alert, 3320 Bitcoins (BTC) were deposited to the Coinbase exchange at around 21:27 on the 10th. This amounts to approximately 323.38 million USD (about 463.3 billion KRW).
Typically, large-scale coin deposits to exchanges can lead to an increase in selling pressure, which may cause short-term volatility.
Minseung Kang
minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.
