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PropMarketCapFRESHInstitutional players and funds

Whales deposited 6,168 BTC to Coinbase Prime overnight - that's $498.5 million

Three large holders (known as whales) transferred a total of 6,168 BTC to Coinbase Prime - the division of the Coinbase exchange for institutional clients - overnight, about $498.5 million. This is happening with Bitcoin priced around $80,800, that is, at the month's lows.

PropMarketCapFRESHInstitutional players and funds

Whales added 86,702 BTC, the largest volume since March 1 left exchanges

Over the past three weeks, wallets with a balance of 10 to 10,000 BTC increased their holdings by 86,702 BTC, and their combined balance reached its highest level since April 23. At the same time, a large outflow of coins from exchanges continues.