789 Bitcoin worth $64M moved to Coinbase Institutional amid ETF outflows
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A wallet transferred 789 BTC, valued at about $64 million, to Coinbase Institutional as spot Bitcoin ETFs recorded outflows. The exchange deposit may indicate potential selling, but the transfer alone does not confirm that the Bitcoin was sold. Separately, KBC Group increased its Strategy holdings to roughly $6 million, reflecting continued institutional exposure through Bitcoin-linked equities.
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