Blockchain information reveals that the undertaking transferred a complete of $307.4 million throughout 13 transactions on February 4. The biggest switch concerned 73,783 ETH, valued at $212 million.
Coinbase Prime transferred 552 WBTC price $52.7 million and 219,149 LINK valued at $4.7 million, excluding Ethereum. Different belongings moved included 16,585 AAVE price $4.5 million, 4.9 million ENA valued at $3.3 million, and a couple of million MOVE tokens price $1.3 million. The transfers additionally concerned 114,754 Ondo (ONDO) tokens price $160,656 and $27.86 million in USDC stablecoin.
This huge-scale motion of funds has sparked hypothesis within the crypto community. Some imagine it might sign an upcoming strategic transfer by World Liberty Monetary, whereas others see it as an indication of profit-taking or a shift in funding focus.
Skilled traders usually use Coinbase Prime for large trades or safe asset storage. Since it isn’t clear for what functions such massive transactions have been made, this motion is of nice curiosity to most analysts.