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Benzinga
Benzinga
Business
Bibhu Pattnaik

$1 Billion Bitcoin Transfer Triggers Massive Liquidations — This Is Where It Was Offloaded

A,Sleek,And,Modern,Financial,Landscape,,Blending,Digital,And,Traditional

A Bitcoin (CRYPTO: BTC) transfer of nearly $1 billion has caused a stir in the cryptocurrency market.

What Happened: The transfer, which originated from Coinbase, was sent to an unidentified wallet, leading to speculation about potential institutional accumulation or a significant holder’s long-term cold storage.

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