"Robinhood Deposits 1,478 Bitcoin (BTC) to Coinbase... Worth Approximately 215.7 Billion KRW"
Minseung Kang
- Robinhood has reportedly deposited 1,478 Bitcoin (BTC) to Coinbase Institutional.
- It is stated to be worth approximately $148.65 million (about 215.7 billion KRW).
- Large-scale coin deposits can trigger an increase in selling pressure and short-term volatility.
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- The article was summarized using an artificial intelligence-based language model.
- Due to the nature of the technology, key content in the text may be excluded or different from the facts.
1,478 Bitcoin (BTC) has been deposited into Coinbase Institutional.
According to the cryptocurrency transaction tracking site Whale Alert, at around 11:17 PM on the 7th, 1,478 Bitcoin (BTC) was deposited from Robinhood's wallet address to Coinbase Institutional. This amounts to approximately $148.65 million (about 215.7 billion KRW).
Typically, large-scale coin deposits to exchanges can lead to an increase in selling pressure, which may cause short-term volatility.
Minseung Kang
minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.PiCK News
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