# Four New Addresses Withdraw $85.7 Million in Ether From Coinbase

By Enna Lee

Canonical URL: https://www.tokenpost.com/news/investing/23520
Published: 2026-09-24T02:27:34.000Z
Updated: 2026-09-24T02:27:34.000Z

Four new addresses believed to be controlled by the same whale or entity withdrew 31,979 Ether (ETH) from Coinbase within seven minutes after a market pullback, moving approximately $85.68 million in ETH off the exchange.

The withdrawals took place Sept. 23 between 10:31 and 10:38 a.m. ET (14:31-14:38 UTC). The average price of the withdrawn ETH was $2,679.31.

The addresses were newly created and are believed to share ownership, linking the transactions to a single large holder or entity. The identity of the owner was not identified.