Irish law enforcement moves fifth 500 BTC batch from Clifton Collins wallets

Coinbase received another major Bitcoin deposit on Tuesday, with 500 BTC transferred from wallets linked to convicted Irish drug trafficker Clifton Collins. This latest batch, valued at approximately $41 million, marks the fifth substantial transfer of Collins’s Bitcoin holdings in 2026. The moved coins trace back to a legacy wallet initialized on January 23, 2016, which had remained inactive for over a decade. Blockchain analytics firm Arkham connected the latest transaction to Collins and identified it as the fifth such movement from his holdings this year. Arkham recorded that the first 500 BTC from Collins’s wallets were sent to Coinbase Custody in March, when Bitcoin traded around $35 million per batch.

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