$16.72 million BTC into Coinbase: Not merely selling pressure, but a signal of institutional liquidity!

Arkham data shows that 43.4 BTC $BTC (approximately $16.72 million) flowed from an anonymous address into Coinbase, and this large inflow is by no means a singular signal.

Coinbase is the core hub for institutional funds, and recently giants like BlackRock have frequently used it for ETF liquidity management. This fund may be for institutional rebalancing or derivatives settlement, rather than retail selling. A singular inflow action should not be blindly viewed as bearish; it is necessary to consider the exchange balance and ETF fund flows for a comprehensive judgment.

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