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Three Bitcoin whales moved 6,168 BTC worth $498.5M to Coinbase Prime amid price struggles.

Market News
28 Oct 2026, 10:35 WIB
Crypto news
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Neutral
Three Bitcoin whales moved 6,168 BTC worth $498.5M to Coinbase Prime amid price struggles.

Three Bitcoin whales transferred a combined 6,168 BTC valued at about $498.5 million to Coinbase Prime, Coinbase's institutional platform, during a period of Bitcoin price weakness around $80,800. Another whale moved 438.37 BTC worth $35.38 million to Coinbase Prime, 16 months after withdrawing a larger amount at a higher price, indicating a significant unrealized loss. These large transfers could signal portfolio adjustments or potential sales, though no confirmed sales have been reported. This activity follows other large Bitcoin movements in October, reflecting ongoing institutional interest despite recent market volatility.

Bitcoin whales moving nearly $500 million to Coinbase Prime provide context for cryptocurrency market activity. For readers following major cryptocurrencies, here is Pluang's market snapshot as of Oct 28, 2026 14:21 WIB: out of 50 priced major cryptocurrencies tradable on Pluang, 43 rose and 6 fell today. Notable movers include CAKE (PancakeSwap) with a price of Rp37.250 and a 1-day change of -4.22%, COTI (COTI) at Rp192 with +4.04%, and LINK (Chainlink) at Rp213.357 with +3.82%.

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