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Crypto

Coinbase Institutional Transfers 647 BTC in $51.5M Transaction

Guavy AI Editorial Team
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BTC
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A large Bitcoin transaction has sparked interest in the cryptocurrency market.

On September 5, 2026, Coinbase Institutional transferred 647 BTC to an unknown wallet, valued at approximately $51.5 million.

This move aligns with broader trends in the Bitcoin market, where significant movements attract attention.

Earlier, Strategy Bitcoin moved 411.48 BTC into Coinbase Prime, valued at $30.3 million, and MetaPlanet deposited 3,000 BTC into Coinbase Prime, highlighting growing activity among large holders.

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