Coinbase Quietly Shifts Nearly 800,000 BTC in a Mega Consolidation Move

According to onchain data and social media reports, the crypto exchange Coinbase just shuffled nearly 800,000 BTC—roughly $69.5 billion worth—into fresh wallets. The company gave everyone a heads-up on Nov. 22, noting the platform would “undergo internal wallet migrations.” Coinbase Just Moved 4% of All Bitcoin in Circulation Coinbase opted to move about 4.

Source: news.bitcoin.com

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