Bullish
A whale transferred $89.7M in BTC to an exchange, triggering a sell pressure alert.
2026-08-11 00:02
On-chain data shows 1,396.58 BTC (~$89.7M) moved from an unknown address to Coinbase Prime, raising sell pressure concerns.
On-chain monitoring: 1,396.58 BTC (worth 89.7M) was transferred from the unknown address bc1qma…afm2 to the Coinbase Prime Hot Wallet (3MqU) (exchange). Sender address: bc1qmakjy7ns2z8vwgptf9vs8fndp304fg0p9xafm2; Receiver address: 3MqUP6G1daVS5YTD8fz3QgwjZortWwxXFd.
WOOFUN AI
Impact Assessment · Quick Read
Large BTC inflows to exchanges often signal potential selling pressure, which may suppress BTC prices in the short term. Markets will watch for subsequent large sell orders and changes in Coinbase Prime's order book depth.
Generated by WOOFUN AI · For reference only, not investment advice
Comments
No comments yet.