Three large Bitcoin wallets transferred a combined total of 6,168 BTC, valued at approximately $498.5 million, to Coinbase Prime. The transfer occurred around 8:43 p.m. ET on October 27, 2023. This significant movement highlights substantial Bitcoin activity directed to a major crypto custody platform, possibly indicating preparation for trading or institutional custody. The average value per Bitcoin in this transfer was about $80,800 based on the total valuation provided.
The recent transfer of 6,168 BTC worth $498.5 million to Coinbase Prime provides context for cryptocurrency market activity. For readers following crypto markets, here is Pluang's snapshot as of Oct 28, 2026 13:03 WIB: out of 50 major cryptocurrencies priced on Pluang, 45 rose and 4 fell today. Notable movers include BCH (Bitcoin Cash) up 6.16% with a typical hold time of 69 days and 97% sell order activity, EGLD (MultiversX) up 5.73% with 100% buy order activity, and GRT (The Graph) up 4.97% with 97% sell order activity.
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