ETH Whales Withdraw Another 20,000 ETH From Coinbase Prime
Seven fresh wallets have stripped 89,396 ETH ($164.88M) from Coinbase Prime in three days, the kind of OTC-grade accumulation that rarely leaks from institutional desks by accident.
Every Zipp story tagged #CoinbasePrime, newest first.
Seven fresh wallets have stripped 89,396 ETH ($164.88M) from Coinbase Prime in three days, the kind of OTC-grade accumulation that rarely leaks from institutional desks by accident.
Three new wallets, one venue, $57.66M lifted in a single move — the pattern mirrors the institutional accumulation cadence that's defined the cycle so far.
Bitfinex-hack and FTX/Alameda seizure wallets sent ETH, USDT and USDC to Coinbase Prime and other addresses in a routine but sizeable on-chain shuffle.
The transfers came from wallets tied to criminal-case seizures, including the BTC-e exchange and Ryan Farace.
The transfer routes coins from the Farace and BTC-e seizures through fresh wallets and into the exchange despite Trump's March 2025 order barring sales from the Strategic Bitcoin Reserve.
The transfer lands a week after Binance's July 1 reserves snapshot showed BTC holdings climbing and ETH and USDT balances falling, a pattern that often precedes or follows large custody reshuffles.
Deposits, not sales yet, but the flow direction is clear: the DOJ's seized BTC and ETH stockpile is moving back into market plumbing eight hours after a top-tier wallet cluster moved.
A wallet tagged to the U.S. government shifted 140.214 $BTC ($8.79M) into Coinbase Prime, the largest deposit from that address in roughly four years and a fresh reminder that seized coins re-enter…
An Irish drug dealer's 2011 stash has now sent 1,500 BTC to exchanges in three months, with 4,500 BTC still sitting in cold storage.
The transfer is small relative to Draper's reported ~29,656 BTC stack from the 2014 Silk Road auction, but moving that much into a prime brokerage reads as positioning, not treasury reshuffling.
Two large deposits in a single session do not, by themselves, signal intent, but the dual-asset flow sits inside a pattern of prime-broker repositioning that institutional desks have been reading all…
The combined $337M transfer is the largest single-day Coinbase Prime deposit by BlackRock in weeks, signaling continued treasury reshuffling behind the spot ETF complex.
Outbound moves from spot ETF custodians to a prime broker typically precede rebalancing or redistribution, not fresh selling, but the timing reads as risk-off positioning.
The transfer comes from the FTX-Alameda seized-asset wallet, a recurring venue for offloading recovered crypto from the collapsed exchange into the public market.
The transfer reads large on paper, but the company's prior Coinbase Prime moves were custody and staking rebalances — not sales — leaving its 7M-SOL treasury balance intact.
A $30.3M deposit is noise on Strategy's 800K-coin balance sheet — the 84% Polymarket print is the story, because the market is now treating a sale as the base case, not the tail risk.
BlackRock transferred 7,048 BTC — worth approximately $517 million — into Coinbase Prime within a single hour, marking…
The single deposit is the second-largest in BlackRock's spot BTC ETF programme and lands the same day spot products have pulled in nine straight sessions of net inflows.
The U.S. government transferred assets seized from FTX and Alameda Research to Coinbase Prime roughly eight hours ago…
A wallet linked to Glenn Olivio seized funds — held by the U.S. government — transferred 3.233 ETH, worth roughly…