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BTC $59,895.59 -0.02%
ETH $1,591.03 +0.63%
BNB $555.89 +0.26%
XRP $1.05 +0.01%
SOL $74.66 +2.44%
TRX $0.3194 -0.65%
DOGE $0.0726 -0.88%
ADA $0.1447 -0.11%
BCH $200.24 +3.58%
LINK $7.31 -0.30%
HYPE $65.94 +5.55%
AAVE $90.16 -4.16%
SUI $0.6944 +0.81%
XLM $0.1821 +4.96%
ZEC $399.79 +4.29%

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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