$BTC
960 BTC quietly siphoned from an unknown wallet, and over $83 million just like that went straight to Coinbase Institutional.

The on-chain moves were clean and efficient—no unpacking or splitting into smaller batches, and no unnecessary cover. That huge pile of chips just openly landed in the institutional channel.

The way the chips were moved—big moves, big transfers to the institutional ports—can only mean that the funds’ behind-the-scenes repositioning and the reshuffling of chips among the big players has never once stopped.