Data provided by CryptoQuant and Whale Alert shows that over the past thirteen hours, an institutional whale bought 11,827 Bitcoins in the major US-based crypto exchange Coinbase and withdrew it into a cold storage vault.
CIO of Moskovski Capital has shared a CryptoQuant chart, showing that institutional investors keep stocking up on Bitcoin and are determined to hold it long-term.
The 11,827 Bitcoins withdrawn from Coinbase Pro are an equivalent of $670,995,053. The transaction has been confirmed by Whale Alert service that tracks large crypto transfers.
