Bitcoin (BTC) Transfer Leads $308.4 Million in Three-Hour Crypto Moves

Three large crypto transfers totaled $308.4 million in the three hours through 8 a.m. ET (12:00 UTC) Oct. 15, while exchange outflows exceeded inflows. The largest move was 2,878 Bitcoin (BTC) worth $232.9 million, transferred at 6:51 a.m. ET (10:51 UTC) between two unknown wallets. It was not included in exchange inflow and outflow totals. The two exchange-linked transfers went in opposite directions. At 7:06 a.m. ET (11:06 UTC), 634 BTC worth $51.4 million moved from Coinbase Institutional to an unknown wallet. At 7:54 a.m. ET (11:54 UTC), 300 million Dogecoin (DOGE) worth $24.1 million moved from an unknown wallet to Binance. The $308.4 million total combines the wallet-to-wallet BTC transfer with the two exchange-linked transactions. The exchange-linked outflow was $51.4 million, compared with $24.1 million in inflows.

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