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Q&A details
Will Coinbase’s capital movements disrupt the market?
0xKK_9
09-24 01:28
Answer
Blackstone withdrew 3,750 Bitcoins from Coinbase Prime in the past hour, worth approximately $316 million. The movement of funds on the Coinbase chain is the most noteworthy point of this news. Changes in on-chain funds will affect short-term sentiment and the market’s judgment on the behavior of large investors. Do you think the market will continue to amplify interpretation, or will the impact be limited?
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