2,025 Bitcoin Just Sent to Coinbase

An anonymous Bitcoin wallet with $41,842,342 sent to Coinbase. This transfer's bitcoin address is: 1KLMj2WLM6ac4LyR574sUqYjmb4ufUigYs

Importance: Wallet-to-exchange cryptocurrency transactions are bearish. Hardware wallets provide superior security than bitcoin exchanges, 

hence most high-net-worth traders use them. Hardware wallets secure investors' digital assets offline against internet attacks.

Whales searching for liquidity send bitcoin to an exchange. The investor is unlikely to store their bitcoin on Coinbase, given the security risks are greater than with a hardware wallet.

This Bitcoin whale may sell or trade Bitcoin for altcoins.
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