Whale Transfers Hit $957.6 Million as 8,129 Bitcoin Moves to Coinbase

Large cryptocurrency whale transfers reached $957.6 million on October 20, driven by an unidentified wallet moving 8,129 Bitcoin valued at $663.7 million into Coinbase Institutional. Overall, $836.8 million entered centralized exchanges while $120.8 million exited to private wallets. The surge followed earlier October 20 activity where five Bitcoin transfers totaled $652.5 million, including $103.1 million in outflows from Coinbase Institutional. On October 19, Coinbase Institutional registered $280.4 million in combined Bitcoin and Ether movements, with total exchange withdrawals reaching $144.2 million against $136.2 million in deposits.