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BTC $59,281.26 -0.52%
ETH $1,583.56 +0.95%
BNB $551.51 +0.40%
XRP $1.04 +0.47%
SOL $73.87 +3.53%
TRX $0.3196 -0.76%
DOGE $0.0722 -0.15%
ADA $0.1440 +0.52%
BCH $198.35 +2.76%
LINK $7.29 +0.64%
HYPE $65.75 +6.20%
AAVE $89.90 -3.12%
SUI $0.6904 +1.30%
XLM $0.1854 +7.96%
ZEC $399.65 +6.18%

Data: MicroStrategy related Coinbase custody address transferred nearly $800 million in BTC 6 hours ago, possibly for internal reorganization

2025-01-01 12:02:22
Collection

ChainCatcher message, according to Arkham monitoring, the address marked as MicroStrategy: Coinbase Prime Custody transferred 3,174 BTC, 3,269 BTC, and 2,026 BTC to three new addresses 6 hours ago, totaling approximately $794 million.

It is understood that a similar operation had previously occurred with MicroStrategy-related addresses, which were later confirmed to be another Coinbase custody address of MicroStrategy, so it is speculated that this transfer is for internal reorganization.

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