Long Dormant Whale Sends $61M BTC to Coinbase, OnChain Data Shows

Price volatility may pick up later Friday following the release of the Fed’s preferred inflation gauge, the core Personal Consumption Expenditures (PCE) price index for May. Per Bloomberg, economists expect no change in the PCE price index and a marginal 0.1% increase in the core PCE, leading to 2.6% annual advances in the headline and core figures.

Original Source: https://www.coindesk.com/markets/2024/06/28/long-dormant-whale-sends-61m-btc-to-coinbase-onchain-data-shows/?utm_medium=referral&utm_source=rss&utm_campaign=headlines