A Bitcoin whale has transferred 8,000 Bitcoin (BTC) (https://cointelegraph.com/bitcoin-price) worth $536.5 million from a Coinbase cold storage wallet after five and a half years of dormancy.
Bitcoin address “1ABww1…mCSKq” received the entire 8,000 BTC stash at block 847,490 on June 11, 1:26 pm UTC, according (https://platform.arkhamintelligence.com/explorer/tx/56931cd8bbf3f292192e4d2da5427f6509b29f371a3fe59f3e7cb14c1180fc91) to blockchain analytics firm Arkham Intelligence.
That wallet then transferred all the Bitcoin to the Binance deposit address “15u4H…rMsLa” exactly one block and 11 minutes later, Arkham data shows. (https://platform.arkhamintelligence.com/explorer/tx/15e308a94140e65c51da434fd0a7116f1a0d980366e88114d4601766ac90b0a1) No test transactions were made prior to the two transfers.

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