Cointelegraph reports that over 7,000 BTC, valued at more than $500 million, were recently withdrawn from Coinbase. This movement is often seen as a strong bullish signal, especially when linked to potential institutional accumulation. Growing institutional interest can tighten Bitcoin’s circulating supply, potentially leading to higher prices and making this a promising investment opportunity.
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Over 7,000 BTC withdrawn from Coinbase, valued at $500M+.
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Large withdrawals typically suggest long-term holding intentions.
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Institutional accumulation often precedes bullish market trends.
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Reduced exchange supply can drive upward price momentum.
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This could signal a favorable time for investors to consider Bitcoin exposure. Show Less
