# 1,558 Bitcoin Transfer Leads $538.2 Million in Coinbase Flows

By Enna Lee

Canonical URL: https://www.tokenpost.com/news/investing/42197
Published: 2026-10-28T01:14:10.000Z
Updated: 2026-10-28T01:14:10.000Z
Section: Investing

> Four transfers sent assets to Coinbase Institutional, while two moved Bitcoin and Ether away.

A transfer of 1,558 Bitcoin (BTC) worth $124.8 million to Coinbase Institutional was the largest of six crypto movements valued at $538.2 million in the three-hour period ending at 11:03 a.m. ET Oct. 27.

Four transfers went to Coinbase Institutional and two left it. Exchange-bound transfers totaled $340.4 million, while transfers from exchanges to unknown wallets came to $197.7 million.

At 9:53 a.m. ET, an unidentified wallet sent 661,612 Solana (SOL) worth $66.4 million to Coinbase Institutional. At 10:40 a.m. ET, 1,529 BTC valued at $122.8 million moved from Coinbase to an unknown new wallet, while an unidentified wallet sent 979 BTC worth $78.4 million to Coinbase.

Two Ether (ETH) transfers took place at 10:55 a.m. ET. Coinbase sent 32,169 ETH worth $74.9 million to an unknown new wallet, and an unidentified wallet sent 30,375 ETH worth $70.8 million to Coinbase.

A separate [Coinbase Institutional transfer batch](<https://www.tokenpost.com/news/investing/41305>) also included Bitcoin moving both to and from the exchange. Transfer direction alone does not establish whether assets were sold or what their holders intend to do.



## Links in this article

- [Coinbase Institutional transfer batch](https://www.tokenpost.com/news/investing/41305)
