Whales Move 10,450 BTC to Exchanges as Bitcoin Falls Below $79K on Rising U.S. Yields and Hot Inflation Data

On-chain data shows large holders moved 10,450 BTC via multiple large transactions to major exchanges including Coinbase Institutional and FalconX. Coinbase received over $700 million in BTC within a day (individual deposits $123M–$174.6M), while about $103 million was withdrawn to unknown wallets. Moves coincide with BTC trading around $80,000 and suggest profit-taking or portfolio rebalancing.
AI Analysis
10,450 BTC were transferred to exchanges (Coinbase Institutional and FalconX); Coinbase received over $700M in BTC in a day (deposits of $123M–$174.6M); roughly $103M was withdrawn to unknown wallets; these flows, with BTC near $80,000, point toward profit-taking or rebalancing.