Three Bitcoin Wallets Send 6,168 BTC Worth $498.5 Million to Coinbase Prime

Three large Bitcoin (BTC) wallets deposited a combined 6,168 BTC, valued at about $498.5 million, to Coinbase Prime. Three wallets were involved in the movement. The total is the combined amount attributed to all three wallets, rather than a figure for one holder. At the stated valuation, the transferred BTC averaged about $80,800 per coin. That calculation uses the rounded $498.5 million total and the 6,168 BTC amount. The dollar figure values the BTC; it does not describe a separate cash deposit. The transfer occurred about six hours before 06:43 UTC Wednesday, Oct. 28 (2:43 a.m. ET), placing it at approximately 8:43 p.m. ET Tuesday, Oct. 27 (00:43 UTC Wednesday).

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