Coinbase Sees $150M Bitcoin Whale Movement: Institutional Sell-Off or Profit-Taking?

Bitcoin investors are closely monitoring two large transfers totaling 1,588 BTC (approximately $150 million) to Coinbase, as reported by Whale Alert. The transactions, occurring within an hour of each other, have sparked concerns about potential selling pressure from institutional players or large holders (whales). The first transfer involved 910 BTC ($100.2 million), followed by 678 BTC ($74.7 million) from undisclosed wallets. Such movements often signal impending market volatility, as whales may be preparing to liquidate positions or take profits. While the exact intent behind these transfers remains unclear, the timing and scale have heightened market anxiety. Analysts suggest this could either indicate a strategic accumulation phase or a precursor to a broader sell-off. As of May 28, 2025, the crypto community awaits further developments to gauge whether this activity will trigger a bearish trend or present a buying opportunity for savvy investors.

Massive $150M Bitcoin Transfer to Coinbase Sparks Whale Activity Concerns

Bitcoin investors are on high alert following two substantial transfers totaling 1,588 BTC ($150 million) to Coinbase, as tracked by Whale Alert. The first transaction involved 910 BTC ($100.2 million), followed by 678 BTC ($74.7 million) within an hour from undisclosed wallets.

Such inflows often precede selling pressure, raising fears of institutional sell-offs or whale profit-taking. Market sentiment suggests potential short-term price volatility, echoing historical patterns of large exchange deposits preceding corrections.

Bitcoin Sees Massive 7,883 BTC Outflow From Coinbase – Institutional Demand Suspected

Bitcoin’s market activity signals potential institutional accumulation as Coinbase records a net outflow of 7,883 BTC. The movement, observed NEAR Bitcoin’s all-time high of $111,980, marks the third-largest single-day withdrawal from the exchange this month.

Exchange data reveals 8,742 BTC left Coinbase on May 26, with net outflows suggesting strong custody movements rather than sell-side pressure. Such flows typically precede extended rallies when institutional players secure long-term positions.