Why are they moving that much to Coinbase though? That's not a nothing move. Are they selling? Preparing to sell? I'd want to know the reason before assuming it's routine custody stuff.
Yeah fair point, but I've seen enough "nothing to see here" moves end up being exactly what everyone was worried about, visibility didn't stop anyone from dumping on me before lol.
Why are they moving that much to Coinbase though? That's not a nothing move. Are they selling? Preparing to sell? I'd want to know the reason before assuming it's routine custody stuff.
Could be custody, could be OTC prep, but either way if they were quietly exiting I doubt they'd route it somewhere this visible.
Yeah fair point, but I've seen enough "nothing to see here" moves end up being exactly what everyone was worried about, visibility didn't stop anyone from dumping on me before lol.