MicroStrategy-related Coinbase custodian address transferred nearly $800 million in BTC 6 hours ago, possibly for internal processing

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ODAILY
01-01
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Odaily reported that according to Arkham's monitoring, the address marked as MicroStrategy: Coinbase Prime Custody transferred 3,174 BTC, 3,269 BTC, and 2,026 BTC, totaling about $794 million, to three new addresses 6 hours ago. It is understood that the MicroStrategy-related addresses have had similar operations before, which were later confirmed to be another Coinbase custodial address of MicroStrategy, so it is speculated that this transfer should be an internal reorganization.

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