CryptoMedium•28 October 2026•
1 min read
Bitcoin Whales Transfer 6,168 BTC Worth $498.5M to Coinbase Prime
Key Facts
1Three Bitcoin whales transferred a combined 6,168 BTC worth approximately $498.5 million to Coinbase Prime.
Three Bitcoin whales transferred a combined 6,168 BTC worth approximately $498.5 million to Coinbase Prime. According to crypto.news, these large-scale holders moved the assets to the institutional platform of Coinbase Global, Inc. overnight as Bitcoin prices faced downward pressure.
COIN closed at $161.09 on October 27, 2026, having traded between a low of $157.75 and a high of $161.87 during that session. Large exchange inflows are often interpreted by market participants as a precursor to selling, which could weigh on BTC prices in the short term.