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While I can’t provide real-time data, Bitcoin whales moving $1 billion worth of assets from Coinbase could be influenced by a variety of factors. Here are a few possible explanations:
1. Diversification: These Bitcoin whales might be diversifying their portfolio, either into different types of cryptocurrency or to various financial institutions.
2. Security Concerns: Transferring large amounts with the intent of safeguarding funds by spreading them among different wallets or other safety measures to mitigate risks.
3. Profit Real