Bitcoin Whales Move Nearly $500M to Coinbase Prime Overnight

Bitcoin whales move nearly $500M to Coinbase Prime overnight

Three Bitcoin whales have transferred a combined 6,168 BTC worth approximately $498.5 million to Coinbase Prime at a time when Bitcoin price continues to struggle. According to blockchain analytics firm Lookonchain, the three whales deposited the Bitcoin into Coinbase Prime…

Bitcoin Whales Send $498M to Coinbase Prime Overnight

Three Bitcoin whales transferred 6,168 BTC worth roughly $498.5 million to Coinbase Prime in a single overnight session, blockchain tracker Lookonchain reported on October 28. The coordinated deposits come as the broader market digests mixed signals from institutional fund flows and cooling on-chain profit-taking activity. Three Wallets Move 6,168 BTC Overnight The three wallets transferred their coins overnight, with Lookonchain reporting that …

Three Bitcoin Wallets Send 6,168 BTC Worth $498.5 Million to Coinbase Prime

The transfer occurred about six hours before 06:43 UTC Wednesday, Oct. 28 (2:43 a.m. ET), placing it at approximately 8:43 p.m. ET Tuesday, Oct. 27 (00:43 UTC Wednesday).