Over $133 Million in BTC and ETH Transferred to Coinbase and Binance
More than $133 million in Bitcoin and Ethereum moved to exchanges in a two-hour period, whale_alert data show. The transfers included 1,059 BTC valued at $74.2 million sent to Coinbase and 28,970 ETH worth $59.2 million sent to Binance. Exchange inflows are often viewed as potential selling pressure, though the data also noted other possible reasons including staking and portfolio management.