Big buy: nearly 30k BTC left Coinbase Pro in 3 transactions

 Bitcoin (BTC) could receive renewed interest from major buyers as data shows a large influx of coins leaving major exchange Coinbase.

As shown by tracking resources including Whale Alert and CryptoQuant on March 11, an unknown wallet received nearly 30,000 BTC from the US platform.

The potential buy-in came as three separate transactions on Coinbase Pro, the professional investment arm of Coinbase.

According to Whale Alert, these transactions are 9,843 BTC, 9,901 BTC, and 9,867 BTC, respectively, out of a total of 29,620 BTC.

The potential buy-in came as three separate transactions on Coinbase Pro, the professional investment arm of Coinbase.

According to Whale Alert, these transactions are 9,843 BTC, 9,901 BTC, and 9,867 BTC, respectively, out of a total of 29,620 BTC.

All in all, Coinbase Pro's exchange reserves have continued to decline both this month and last, once again at their lowest levels in years.

The combined BTC reserves of 21 exchanges tracked by CryptoQuant stood at 2,357 million BTC as of Friday.

However, Accumulation Trend Score of online chain analysis firm Glassnode adds that the market is in a state of uncertainty and is not yet trending to accumulate.

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