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Bitcoin Whale Deposits 438.37 BTC, Worth $35.38 Million, to Coinbase Prime

The address had withdrawn 615.4 BTC from Coinbase Prime custody 16 months earlier at an average price of $105,271 per BTC and still held $14.31 million in Bitcoin.

Mentioned assets
An unmarked metal coin rests beside a narrow steel deposit slot / TokenPost.ai
An unmarked metal coin rests beside a narrow steel deposit slot / TokenPost.ai

An address identified as bc1q9 sent 438.37 Bitcoin (BTC), worth about $35.38 million, to Coinbase Prime, 16 months after a larger withdrawal.

That earlier withdrawal from Coinbase Prime custody totaled 615.4 BTC at an average price of $105,271 per BTC. The latest deposit equaled about 71% of the earlier withdrawal by amount.

The address still held Bitcoin valued at $14.31 million.

Enna Lee

Reporter

Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

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