Over the past several days, multiple large cryptocurrency transactions have been recorded involving Bitcoin (BTC), Ethereum (ETH), and USD Coin (USDC). Notably, a crypto whale acquired 101,131 ETH valued at approximately $361 million through transfers from institutional platforms FalconX, Galaxy Digital, and BitGo. These ETH transfers were received by four multi-signature wallets likely controlled by the same entity. Concurrently, Coinbase Institutional has been involved in numerous BTC and ETH transfers, including sending 1,000 BTC worth around $113.6 million to unknown wallets and receiving nearly 40,000 ETH valued at about $140 million from unknown sources. Other significant movements include a transfer of 698.99 million USDC from Binance to an unknown wallet and large BTC transfers from Bybit and Binance to unknown wallets. The total value of these transactions highlights substantial activity and asset movement within the cryptocurrency market over a short period.
🚨 🚨 🚨 476 #BTC (54,258,515 USD) transferred from #Binance to unknown wallet https://t.co/oqvDtbullO
🚨 🚨 🚨 🚨 🚨 1,000 #BTC (114,178,361 USD) transferred from #Bybit to unknown wallet https://t.co/s5F7JCLzN2
🚨 🚨 🚨 🚨 🚨 🚨 🚨 🚨 🚨 🚨 698,990,107 #USDC (698,990,107 USD) transferred from #Binance to unknown wallet https://t.co/ItgTd02AtF