Bitcoin Transfer Leads $600.7 Million in Crypto Moves as Outflows Top Inflows

Bitcoin (BTC) accounted for the highest-value transaction in a six-transfer, $600.7 million window ending at 1:01 p.m. ET Nov. 5, when more value left exchanges than entered them.

The largest move sent 1,697 BTC worth $130.5 million from Coinbase Institutional to an unknown new wallet at 11:49 a.m. ET. Four transfers from exchanges to unknown wallets totaled $361.4 million, while two transfers in the opposite direction totaled $239.3 million.

At 10:17 a.m. ET, an unknown wallet sent 1,417 BTC valued at $109.1 million to Coinbase Institutional. Coinbase Institutional transferred 1,290 BTC worth $98.6 million to an unknown wallet at 10:32 a.m. ET.

OKX sent 154,079,569 TRON (TRX), valued at $48.7 million, to an unknown wallet at 11:05 a.m. ET. At 11:35 a.m. ET, an unknown wallet sent 1,697 BTC worth $130.2 million to Coinbase Institutional.

Kraken sent 1,099 BTC valued at $83.6 million to an unknown wallet at 12:37 p.m. ET.