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#Coinbase Prime

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Bitcoin Selling Pressure Concerns Rise Following US Transfers: Analytics Firm Explains
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Bitcoin Selling Pressure Concerns Rise Following US Transfers: Analytics Firm Explains

Key Highlights: On-chain data indicates that roughly 17,733 BTC and 750 WBTC—worth a combined $1.54 billion—were transferred in recent days, with total inflows to Coinbase Prime potentially reaching 21,500 BTC when related government wallets are included. K33 Research assesses that the movements are likely intended for administrative asset custody under an existing institutional agreement rather ...

Company with Altcoin Treasury Sells $138 Million in Holdings Over Five Days
Coins•

Company with Altcoin Treasury Sells $138 Million in Holdings Over Five Days

Key Highlights: Publicly traded firm SkyAI has offloaded roughly 1.25 million SOL over a five-day span, representing an estimated market value of $138 million. On-chain transactions revealed a recent transfer of 211,623 SOL to Coinbase Prime, following a prior confirmed sale of roughly 1 million tokens. SkyAI is liquidating its Solana holdings to finance an ...

Bitcoin Price Outlook: Where Is BTC Headed in October?
Coins•

Bitcoin Price Outlook: Where Is BTC Headed in October?

Key Highlights: Bitcoin’s critical daily support sits between $79,600 and $80,400, anchored by the daily Supertrend at $79,663.52, while resistance looms near $86,500–$87,000. Market metrics reveal severe leverage flushes, with $1.09 billion in total crypto liquidations and 55,600 BTC transferred to exchanges at a loss over a 24-hour period. Macro uncertainties, including potential Federal Reserve ...

Bitcoin Drops as US Government Moves Massive Amount of BTC
Coins•

Bitcoin Drops as US Government Moves Massive Amount of BTC

Key Highlights: On-chain data indicates a new Bitcoin transfer potentially involving an intermediary or staging wallet linked to the United States government. The transaction follows the transfer of more than 6,200 BTC to Coinbase Prime by U.S. government-associated addresses over the preceding two days. Following the movement of the cryptocurrency, the price of Bitcoin declined ...

US Government Moves $103 Million in Bitcoin and BNB, Sparking Sell-Off Fears
Coins•

US Government Moves $103 Million in Bitcoin and BNB, Sparking Sell-Off Fears

Key Highlights: The U.S. government holds approximately $27.5 billion in confiscated digital assets stemming from legal enforcement actions rather than taxpayer-funded purchases. Recent wallet activity includes the movement of 833.6 Bitcoin tied to the Potapenko and Turogin case and the Bitfinex hack, alongside 40,285 BNB originally seized from Alameda Research. While routing assets to platforms ...

Bitcoin Dips Amid US Government Wallet Activity: Analysts Reveal Key Levels for Uptrend to Continue
Coins•

Bitcoin Dips Amid US Government Wallet Activity: Analysts Reveal Key Levels for Uptrend to Continue

Key Highlights: Wallets linked to the United States government transferred approximately $103 million worth of Bitcoin (BTC) and BNB across two separate operations. A total of 833.6 BTC (roughly $71 million) was moved directly to Coinbase Prime, while 40,285 BNB (around $31.63 million) was directed to an unidentified wallet. Despite the asset repositioning, US-associated public ...

US Government Moves Over $100 Million in BTC and BNB with No Sale Confirmed
Coins•

US Government Moves Over $100 Million in BTC and BNB with No Sale Confirmed

Key Highlights: Wallets linked to the U.S. government transferred over $100 million in Bitcoin and BNB on Tuesday, based on Arkham blockchain data. The moved assets originated from enforcement actions involving the Bitfinex hack, Potapenko/Turogin forfeited funds, and Alameda Research. While roughly $71.6 million in Bitcoin was routed toward Coinbase Prime deposit addresses, market experts ...

HYPE Token Drops From $98 Record High as Whales Signal Potential Deeper Selloff
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HYPE Token Drops From $98 Record High as Whales Signal Potential Deeper Selloff

Key Highlights Hyperliquid’s $HYPE token declined over 3% on September 24 to trade near $93.80, pulling back from a record high of $97.98 reached the previous day as Multicoin Capital moved another $12.15 million in tokens to Coinbase Prime. Multicoin Capital has deposited approximately 4.23 million $HYPE worth $285 million to Coinbase Prime since July ...