Ethereum

2024

Billion

<p>The post <a href="https://coinpedia.org/crypto-live-news/coinbase-witnesses-eth-outflow-exceeding-1-billion/" rel="noopener noreferrer nofollow">Coinbase Witnesses ETH Outflow Exceeding $1 Billion&nbsp;</a> appeared first on <a href="https://coinpedia.org" rel="noopener noreferrer nofollow">Coinpedia Fintech News</a></p>
<p>Coinbase witnessed the largest Ethereum Outflow of the year exceeding $1 billion. The massive movement has raised speculations over its potential implications on Ethereum and the broader market. Over 336,000 ETH were withdrawn from the trading platform worth $1.17 billion on June 12, 2024. This marks the fifth time in 2024 that Coinbase saw withdrawals over 150,000 ETH. The range of these transactions varied from $400 million to $1.1 billion. The large-scale movements could signal a positive indicator for Ethereum’s long-term prospects.</p>

Coinbase Witnesses ETH Outflow Exceeding $1 Billion

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