CryptoMedium•27 October 2026•
1 min read
Bitcoin Transfers Worth $1.74 Billion Move from Major Exchanges to Private Wallets
Key Facts
1Seven transfers worth $1.40 billion moved from Binance and Coinbase Institutional to unidentified wallets within a three-hour window.
2Coinbase Institutional received two additional transfers totaling $339.3 million during the same period.
TokenPost reported that seven transfers totaling $1.40 billion moved from Binance and Coinbase Institutional to unidentified wallets within a three-hour window. During the same period, Coinbase Institutional received two additional transfers amounting to $339.3 million.
These large-scale outflows align with a 20-day trend of declining exchange reserves, often interpreted as a sign of institutional accumulation. In equity markets, Coinbase (COIN) shares closed at $159.6 on October 26, 2026.