Two wallets dormant for over six years each transferred 4,000 BTC (totaling 8,000 BTC) into a Coinbase Prime-controlled custody wallet. The transaction, worth over $860 million at current prices, set off speculations about a market dump as BTC
BTC
$108 323
24h volatility:
0.4%
Market cap:
$2.15 T
Vol. 24h:
$26.26 B
hovers near all-time highs.
8,000 BTC Transfer: What’s the Reason?
According to on-chain sleuth Mignolet, the wallets were initially linked to Xapo Bank but were likely transferred under Coinbase Prime following its acquisition of Xapo’s institutional custody arm back in 2019.
Given that internal activity on Coinbase Prime custody wallets preceded the movement, Mignolet concludes this was not a retail
We współpracy z: https://www.coinspeaker.com/8000-btc-moved-6-year-old-wallets-correction/
