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789 Bitcoin worth $64M moved to Coinbase Institutional amid ETF outflows

Market News
23 Oct 2026
Crypto Briefing
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Neutral
789 Bitcoin worth $64M moved to Coinbase Institutional amid ETF outflows

A large transfer of 789 Bitcoin valued at about $64.31 million was moved to Coinbase Institutional from an unknown wallet on October 23, 2026. This move signals potential institutional interest despite unclear ownership and purpose. Bitcoin's price fluctuated between $81,500 and $81,900, down from recent highs near $84,800. Meanwhile, U.S. spot Bitcoin ETFs have seen net outflows, indicating mixed institutional sentiment and adding complexity to market dynamics. Future large transfers or ETF flow changes could impact Bitcoin's price direction.

Regarding the large Bitcoin transfer to Coinbase Institutional, here is Pluang's market snapshot as of Oct 23, 2026 22:21 WIB: Out of 50 major cryptocurrencies priced on Pluang, 36 rose and 12 fell today. Notable movers include XNO at Rp6.187 with a 1-day change of +2.23% and a Pluang order activity of 13% Sell / 87% Buy, SAND at Rp949 down 2.11%, and FTM at Rp11.382 down 2.05%. The most notable figure is XNO's strong buy activity at 87%.

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