A large transfer of 1,049 Bitcoin valued at about $81.5 million was moved from Binance to Coinbase Institutional, continuing a pattern of significant Bitcoin flows to Coinbase's custody platform this summer. This movement is notable because Coinbase Institutional serves large investors like hedge funds and ETF issuers, suggesting these transfers may be linked to institutional accumulation or ETF-related demand rather than retail trading. Over the past two months, more than 4,000 BTC worth over $275 million have shifted in similar transfers, indicating a systematic, large-scale buying approach rather than opportunistic trades. Neither exchange has commented on the transaction, but the trend highlights growing institutional interest in Bitcoin custody solutions.
Bitcoin attracted the largest cryptocurrency inflows at $31.44 million, followed by Ethereum and Zcash, which also saw significant outflows. Stablecoins like Tether and USD Coin received substantial funds, indicating a shift between volatile assets a...
Ethereum's staking market saw a net outflow of about 377,100 ETH last week, with withdrawals exceeding new deposits. As of October 19, 43.94 million ETH are staked, representing 35.20% of the total supply. The annual percentage rate (APR) for staking...
XRP traders have reduced their futures exposure on Binance by $85.1 million over 13 days following $25.7 million in long liquidations during October 7-8. This reduction in open interest reflects a significant pullback in leveraged bullish positions a...
Binance recorded a large inflow of 38.2412 million USDT from an unknown wallet on October 19, following a significant net outflow of 32.7362 million USDT over one hour on October 18. The inflow represents a single incoming transfer, while the outflow...
On October 19, three addresses transferred a total of 18.085 million Ethena (ENA) tokens to Binance within about an hour. The tokens were valued at approximately $3.64 million, with an average price of $0.2013 per token. These addresses may belong to...
