Add as a preferred source on GoogleBitcoin Leads $169.1 Million in Three-Hour Crypto Transfers
Three transfers moved $169.1 million, including $111.1 million sent to exchange-related destinations and no recorded outflows to unknown wallets.
Bitcoin (BTC) led $169.1 million in large crypto transfers recorded over three hours through 8:03 a.m. ET (12:03 UTC) Oct. 10, with most of the value moving to exchange-related destinations.
The activity involved three transfers totaling $169.1 million. Transfers into exchanges accounted for $111.1 million, while no large movements from exchanges to unknown wallets were recorded during the same period.
An unknown wallet sent 717 BTC, valued at $59.5 million, to Antpool at 5:54 a.m. ET (9:54 UTC). Antpool then moved 700 BTC worth $58 million to Binance at 6:09 a.m. ET (10:09 UTC).
Separately, an unknown wallet transferred 470,087 Solana (SOL) valued at $51.7 million to Coinbase Institutional at 5:54 a.m. ET (9:54 UTC).
Movements away from exchanges are commonly associated with holding activity, but the transactions in this window showed only transfers into exchange-related destinations and no recorded outflows to unknown wallets.
Enna Lee
ReporterEnna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.