Whale Alert recorded 12 large transfers of Bitcoin (BTC) and Ether (ETH) valued at about $2.24 billion in a three-hour span that closed at 2:06 p.m. ET Friday, Oct. 23. Five deposits from unidentified wallets brought $459.6 million to Coinbase and Coinbase Institutional.
The largest entry involved 4,499 BTC worth $367.1 million, sent from an unidentified wallet to a new address with an unknown owner. Three other wallet-to-wallet transfers carried 3,501 BTC ($285.3 million) at 11:27 a.m. ET, 3,500 BTC ($285.3 million) at 12:28 p.m. ET and 3,500 BTC ($286 million) at 12:40 p.m. ET; a fourth transfer, 3,501 BTC worth $285.8 million, was logged at 1:59 p.m. ET.
At 11:13 a.m. ET, 37,568 ETH valued at $90 million moved from Coinbase Institutional to Coinbase. An unidentified wallet sent 38,236 ETH ($91.7 million) to Coinbase Institutional in the same minute; two Bitcoin deposits there at 11:27 a.m. ET carried 1,909 BTC ($155.7 million) and 789 BTC ($64.3 million).
Whale Alert recorded 2,163 BTC worth $176.3 million moving from Coinbase Institutional to a new wallet with an unidentified owner at 11:43 a.m. ET. Coinbase deposits followed at 12:12 p.m. ET (994 BTC, $81.2 million) and 1:41 p.m. ET (819 BTC, $66.9 million).
