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632 BTC worth $51.5M moved from Coinbase Institutional to an unknown wallet.

Market News
20 Oct 2026
Tokenpost
View Source
Neutral
632 BTC worth $51.5M moved from Coinbase Institutional to an unknown wallet.

A transfer of 632 Bitcoin (BTC), valued at approximately $51.5 million, was made from Coinbase Institutional to an unidentified wallet. The transaction details do not reveal the recipient's identity or the purpose behind the transfer, leaving the next steps for the coins unclear. This large movement highlights ongoing significant Bitcoin transfers between institutional and private wallets, but without further information, the impact or intent remains unknown.

The Bitcoin transfer of 632 BTC from Coinbase Institutional to an unknown wallet is reported here with Pluang market data as context. For readers following cryptocurrency markets, as of Oct 20, 2026 22:03 WIB, 46 of 50 major cryptocurrencies on Pluang rose while 3 fell. Notable movers include EOS at Rp12.649 with an 8.13% increase, COTI at Rp206 with a 7.24% rise and a slight buy bias, and VET at Rp129 up 6.01% with strong buy interest. EOS's 8.13% gain stands out as the most notable figure.

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