From TokenPost · · 50s
Coinbase Transfers Hit $280.4M in Bitcoin
Coinbase moves $280.4 million in Bitcoin and Ether in three hours.
In brief
Coinbase moves $280.4 million in Bitcoin and Ether in three hours. Coinbase Institutional transferred $280.4 million in Bitcoin and Ether during a three-hour period ending October 19. Originally reported by TokenPost.
Coinbase Institutional Transfers
Four large transfers involving Coinbase Institutional moved $280.4 million in Bitcoin and Ether during the three hours ending October 19 at 11:07 a.m. ET, with withdrawals exceeding deposits by $8 million.
Bitcoin Movement Details
982 BTC valued at $80.7 million went from an unknown wallet to Coinbase Institutional at 10:36 a.m.ET, while 30,992 ETH worth $74.1 million left Coinbase Institutional for an unknown new wallet at 10:20 a.m.ET.
Transaction Summary
The two withdrawals added up to $144.2 million, while the two deposits totaled $136.2 million, showing assets moving to and from Coinbase Institutional.
What to remember
Coinbase Institutional transferred $280.4 million in Bitcoin and Ether during a three-hour period ending October 19.
