A Bitcoin whale moved 8,000 BTC worth $536.5 million from a Coinbase cold storage wallet after five and a half years, reports Arkham Intelligence. The Bitcoin, initially received on December 5, 2018, was transferred to a Binance deposit address on June 11. This significant activity suggests potential selling intentions. Despite a recent 7.5% Bitcoin price drop, market sentiment remains high, with the Fear & Greed Index at 74.
