# Coinbase Sends 632 BTC to Unknown Wallet

> Coinbase moved 632 BTC worth $51.5m to an unclaimed wallet.
- Title: Coinbase Sends 632 BTC to Unknown Wallet · TokenPost
- Summary: Coinbase moved 632 BTC worth $51.5m to an unclaimed wallet. Coinbase transferred 632 BTC valued at $51.5 million to an unknown wallet.
- Keywords: coinbase, institutional, bitcoin, unknown wallet, transfer, 632 btc, 51.5 million dollars, crypto, finance, Sends, 632, BTC
- Source: TokenPost — https://tokenpost.com/news/investing/35742
- Published: 2026-10-20T15:00:36+00:00
- Read time: 1 min
- Topics: coinbase, institutional, bitcoin, unknown wallet, transfer, 632 btc, 51.5 million dollars, crypto, finance
## Transfer Details
Coinbase Institutional sent 632 BTC to an unknown wallet with no named owner.
## Value and Amount
The transfer valued at $51.5 million, specifically $51,539,075.
## No Reason or Next Step
The transaction had no stated reason or expected next step for the coins.
## Key takeaway

Coinbase transferred 632 BTC valued at $51.5 million to an unknown wallet.