🐉 WHALE WATCH: Two wallets dormant since 2023 just moved 2,571 BTC to Coinbase Prime.
👉 Total value: about $206.52M, split into 986.31 BTC and 1,584.98 BTC, sent just 3 minutes apart on Oct 26.
👉 Both wallets had been silent since 2023; their combined cost was roughly $60M, leaving a paper gain of about $146M.
👉 Why it matters: Coinbase Prime is an institutional desk, so this flow could mean preparation to sell, an OTC block trade, or a move to custody — a deposit alone does not prove a sale.
👉 Watch next: whether this BTC hits spot selling in the coming days, or stays parked as custody/OTC supply.
#Bitcoin #BTC #WhaleAlert #Crypto #BinanceSquare
👉 Total value: about $206.52M, split into 986.31 BTC and 1,584.98 BTC, sent just 3 minutes apart on Oct 26.
👉 Both wallets had been silent since 2023; their combined cost was roughly $60M, leaving a paper gain of about $146M.
👉 Why it matters: Coinbase Prime is an institutional desk, so this flow could mean preparation to sell, an OTC block trade, or a move to custody — a deposit alone does not prove a sale.
👉 Watch next: whether this BTC hits spot selling in the coming days, or stays parked as custody/OTC supply.
#Bitcoin #BTC #WhaleAlert #Crypto #BinanceSquare