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Coinbase Institutional moved 1,131 BTC worth $91M to a new unknown wallet on Nov 4.

Market News
05 Nov 2026, 13:19 WIB
Tokenpost
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Neutral
Coinbase Institutional moved 1,131 BTC worth $91M to a new unknown wallet on Nov 4.

On November 4, Coinbase Institutional transferred 1,131 Bitcoin, valued at approximately $91.18 million, to a newly created and unknown wallet. This large movement of BTC could indicate a strategic repositioning or preparation for future transactions by the institution. Such transfers often attract attention as they may signal upcoming market activity or changes in custody. Investors should watch for further developments or related market signals following this significant transfer.

The recent transfer of 1,131 Bitcoin worth $91.18 million by Coinbase Institutional provides context for cryptocurrency market activity. For readers following major cryptocurrencies, here is Pluang's market snapshot as of Nov 05, 2026 18:22 WIB: out of 50 major cryptocurrencies priced on Pluang, 39 rose and 10 fell today. Notable movers include SXP (Solar) down 46.27% at Rp37 with a typical hold time of 94 days, XTZ (Tezos) up 19.85% at Rp5,482 with 100% buy order activity and a typical hold time of 101 days, and BAL (Balancer) up 11.14% at Rp16,297 with a typical hold time of 85 days.

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