$ 500M Bitcoin leaves Coinbase as establishments purchase greater than miners promote

$ 500M Bitcoin leaves Coinbase as institutions buy more than miners sell

(BTC) saw another rejection at $ 24,000 overnight on December 24th, but the data shows that the appetite for big buy-ins is only increasing.

As recorded by the on-chain analytics resource CryptoQuant, the institutional exchange Coinbase Pro alone saw two large withdrawals of more than 12,000 BTC ($ 278 million) this week.

Coinbase Pro Exchange flowchart. Source: CryptoQuant

Read on on Coin Telegraph

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