Large Bitcoin transfers draw attention, but intent remains unknown
Coverage reports 2,252 BTC moving from Wintermute to fresh wallets, 500 BTC from a wallet dormant since 2016 to Coinbase, and a separate 1,127 BTC transfer from Coinbase to an unknown wallet. Transfers alone do not establish accumulation or selling; follow-on movements and corroborating market data are needed.
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Updated Oct 22, 2026