BlockBeats message, September 10. According to Arkham monitoring, a BTC whale withdrew Bitcoin worth approximately $461.5 million from Coinbase nearly two years ago, and since then has never fully exited the position. Its holdings were once in the green by about $315 million at the BTC peak, but at the low point in July this year it temporarily turned into an unrealized loss of about $100 million.

Since August, the address has transferred approximately $82 million worth of BTC to Kraken and still holds approximately $418 million worth of BTC, with an current unrealized profit of about $40 million.