- Lookonchain reported that a wallet believed to belong to Ark Invest deposited 1,268 Bitcoin (BTC) worth about $148.88 million to Coinbase.
- Exchange deposits are generally interpreted as moves for trading activities such as selling.
- BTC price is trading at $117,585.60 on the Binance Tether (USDT) market, down 0.32% from the previous day.
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- Due to the nature of the technology, key content in the text may be excluded or different from the facts.
On the 15th (local time), blockchain analytics firm Lookonchain reported on X (formerly Twitter) that a wallet address believed to belong to Ark Invest deposited 1,268 Bitcoin (BTC) (worth $148.88 million) to Coinbase about 30 minutes ago.
Deposits to exchanges are generally interpreted as actions for trading, such as selling, rather than for holding purposes.
As of 2:38 AM on the 16th, BTC is trading at $117,585.60 on the Binance Tether (USDT) market, down 0.32% compared to the previous day.
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