Bitcoin Worth $1 Billion Leaves Coinbase as Institutions ‘FOMO’

On-chain data reveals big money remains to chase bitcoin amidst the frantic bull run. That’s a sign of organizations catching the “FOMO” pest, according to one expert.

Institution-focused Coinbase Pro exchange signed up an outflow of over 35,000 bitcoin (BTC, +6.23%) worth greater than $1 billion very early Saturday, according to information resource CryptoQuant.

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