On April 3, 2024, a comparable action was taken, whereby 2,000 BTC with a value of $131 million were transferred to Coinbase Prime. Remarkably, this transaction did not cause any significant fluctuations in the spot price of Bitcoin. This demonstrates that transfers conducted by prominent entities such as the government do not always instantaneously influence market prices. The market eagerly anticipates the repercussions of the current transfer, and you can stay updated on the most recent financial and business news by visiting COINTURK FINANCE.
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