🚨 🚨 🚨 616 $BTC (51,101,051 USD) transferred from Coinbase Institutional to unknown wallet https://t.co/yUnXwZi81R
Why now
Thesis: Large BTC transfer adds short-term supply uncertainty
Catalyst to watch: Destination wallet activity or exchange inflows
Main risk: Routine custody move, no selling
Why it matters
Large BTC moving off Coinbase Institutional to unknown wallets can precede selling or custody shifts.
Details
🚨 🚨 🚨 616 $BTC (51,101,051 USD) transferred from Coinbase Institutional to unknown wallet https://t.co/yUnXwZi81R
Sources
- x · 2026-09-28 07:31 UTC