Cointelegraph reports that the ARKB 21Shares Bitcoin ETF marked address transferred 1,250 BTC, worth approximately $72,050,000, to Coinbase. This action has drawn market attention, with historical data indicating that this is the first time the address has transferred such a large volume of BTC to an exchange in the past six months. The event highlights the dynamics of large transactions in the market, particularly those involving notable investment institutions like ARK Invest, which often impact the price and sentiment of cryptocurrencies.