Markets· ★★★· neutral·

1,700 Bitcoin worth $142M moved off Coinbase Institutional to unknown wallet

  • —1,700 BTC worth $142M moved to an unidentified wallet
  • —Implied price of the transfer is about $83,500 per BTC
  • —Prior 2026 outflows included 2,258 BTC, 826 BTC and 659 BTC
  • —Coinbase Institutional also received 2,269 BTC and 2,400 BTC from external wallets
Why it matters: If the coins stay untouched, it signals cold storage or a custody migration; fragmentation into exchange deposits would point to selling.
#BTC
Source: Crypto Briefing
More on this
Markets · Sep 26
Whale Alert: 1,888 BTC Worth $158M Moved From Kraken to Unknown Wallet
 Markets · 20:22
Shiba Inu Activity Spikes 351% as Volatility Expands; 200-Day Average in Focus
 Markets · 20:20
Spot Bitcoin ETFs draw $2.386B in a week, largest inflow in a year