GameStop Moves Its Bitcoin Holdings to Coinbase Prime...
GameStop has transferred its entire Bitcoin holdings to Coinbase Prime, an institutional crypto custody and trading platform. The move was detected through on-chain data and quickly caught the attention of the crypto community.
BTC
78,986.86
+1.79%
BTCUSDT
Διην.
78,939.5
+1.85%
Many traders are speculating that this transfer could signal a potential sale, since Coinbase Prime is commonly used by institutions to execute large transactions. However, no official statement has been released confirming any intention to sell.
This development comes during a volatile period for the crypto market, where large corporate moves can influence sentiment. Investors are now closely watching whether this transfer will have any impact on Bitcoin’s price in the coming days