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Eight Crypto Transfers Carry a Reported $815.9 Million Value

Coinbase Institutional received two Bitcoin (BTC) deposits; a USD Coin (USDC) transfer left USDC Treasury, while one Tether USDt (USDT) transfer went to Tether Treasury.

Updated 1 min read
An editorial graphic shows eight cryptocurrency transfers, with the largest involving Ether. / TokenPost.ai (macro)
An editorial graphic shows eight cryptocurrency transfers, with the largest involving Ether. / TokenPost.ai (macro)

An eight-transfer crypto tally recorded $815.9 million in stated value over a three-hour window that closed at 2:04 p.m. ET Oct. 26, with Ether (ETH) leading the transactions.

An 85,887 ETH transfer between two wallets labeled unknown topped the list at $200.6 million.

A 645 BTC transfer worth $51.6 million left Coinbase Institutional for an unknown wallet at 12:46 p.m. ET. Coinbase Institutional had earlier taken in 1,584 BTC ($127.4 million) and 986 BTC ($79.3 million) from unknown wallets at 12:15 p.m. ET.

An unknown wallet received 112,393,771 USD Coin (USDC) worth $112.4 million from USDC Treasury at 1:01 p.m. ET. The 11:13 a.m. ET USDT transfer, valued at $109.5 million, went from Bitfinex to Tether Treasury and involved 109,600,000 tokens. One minute later, a separate movement of 115,005,015 USDT was valued at $114.9 million.

Poloniex's 11:57 a.m. ET transfer comprised 4,649,999,000,000 PEPE and had a stated value of $20.3 million; the receiving wallet was unknown. The component dollar values are rounded to the nearest $100,000; added as shown, they total $816.0 million, compared with the reported $815.9 million.

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