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500 BTC worth $41.5M moved from convicted drug dealer's wallet to Coinbase after 10 years dormant

Market News
21 Oct 2026
Tokenpost
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500 BTC worth $41.5M moved from convicted drug dealer's wallet to Coinbase after 10 years dormant

A Bitcoin wallet linked to convicted Irish drug dealer Clifton Collins moved 500 BTC, valued at about $41.5 million, to a Coinbase Prime deposit address on October 20. This wallet had been inactive for over 10 years, marking the fifth 500-BTC transfer this year from Collins' holdings, totaling 2,500 BTC moved so far. Collins originally accumulated around 6,000 BTC in 2011-2012, split into 12 wallets. The Irish Criminal Assets Bureau, with Europol's help, seized some of these wallets earlier this year. The recent transfer to Coinbase does not confirm a sale or reveal who authorized it, but it continues a pattern of large BTC movements from Collins' accounts.

The Collins-linked Bitcoin wallet moved $41.5 million worth of BTC recently. For readers following major cryptocurrencies, here is Pluang's market snapshot as of Oct 21, 2026 14:02 WIB: 42 of 50 major cryptos rose today. XTZ was Rp5.652 with a 4.51% increase and 67% sell activity. SUSHI rose 3.55% to Rp4.040 with 99% sell orders. UNI gained 3.40% to Rp133.956 with 59% sell activity.

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