What happened: A Bitcoin (CRYPTO: BTC) whale just sent $81,627,009 worth of Bitcoin off Coinbase.
The BTC address associated with this transaction has been identified as: bc1qmvynfaf8h74f5knejvxa3p5ut36l4tgrurjw4s.
U.S. stocks closed sharply lower on Friday, as higher-than-expected inflation data resulted in losses for the third quarter.
Recent personal consumption expenditures (PCE) price index data showed an increase of 0.3% for August after declining 0.1% in the previous month.
It was the third weekly drop in a row for the S&P 500 and the Dow Jones.