$1B Bitcoin exits Coinbase in a day as analysts warn of supply shock

3h ago•

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Coinbase saw its highest daily Bitcoin outflows this year, signaling growing BTC investments among institutional investors and corporations.

Institutional demand for Bitcoin is growing, as Coinbase, the world’s third-largest cryptocurrency exchange, recorded its highest daily outflows of Bitcoin in 2025 on May 9.

On May 13, Coinbase saw 9,739 Bitcoin (BTC), worth more than $1 billion, withdrawn from the exchange — the highest net outflow recorded in 2025, according to Bitwise head of European research André Dragosch.

“Institutional appetite for bitcoin is accelerating,” Dragosch added in a May 13 X post.

3h ago•

Cointelegraph

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