$650 Million Outflows From Coinbase Suggest Institutions Are Buying Bitcoin’s Dip

Institutional investors have seemingly bought the dip after the price of bitcoin corrected from an all-time high above $58,000 to about $45,000, with $650 million leaving cryptocurrency exchange Coinbase potentially signaling a large buy. The CEO of crypto data firm Ki Young Ju pointed to a massive 13,000 BTC movement out of the San Francisco-based […]