Flood said Coinbase accounted for most of the weekend’s Bitcoin sales; he did not identify the seller or estimate the volume.
He said the selling showed little apparent response to price changes.
Digital Currency
Add as a preferred source on GoogleCoinbase Was the Site of Nearly All Weekend Bitcoin (BTC) Sales, Flood Says
The Fullstack founder said Coinbase handled nearly all weekend Bitcoin sell flow. He did not identify a seller or give a volume estimate.
Updated 1 min read
Related articles
Digital Currency
Coinbase Bitcoin (BTC) Snapshot Shows $3.16 Million Ask Lead
A displayed $5.24 million bid at $61,500 represented 85.15 BTC, about 1.93% below the book’s approximate $62,710 midpoint.
Digital Currency
Bitcoin Discount Widens on Coinbase as Prime Volume Jumps 29.8%
CryptoQuant’s index stayed negative at each daily close from Nov. 8 through Nov. 12, while Coinbase Prime recorded 10,608.86 BTC in volume on Nov. 12.
Digital Currency
Bitcoin (BTC) Long Position Reaches 203.81 BTC After $4.84 Million Addition
The address added 77.57 BTC over a 63-minute window Saturday. Its cumulative contract profits stood at about $66.93 million.