Based on ChainCatcher, Arkham data shows that at around 12:18, Coinbase Prime Custody received two large ETH transfers totaling 12,523.14 ETH (approximately $250 million), all from anonymous addresses.
Data: Coinbase Prime Receives 12,523.14 ETH Worth $250M from Anonymous Addresses
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Summary
What is the latest in crypto? According to Arkham data, Coinbase Prime Custody received two large ETH transfers totaling 12,523.14 ETH (around $250 million) at approximately 12:18. All funds came from anonymous addresses. The move has drawn attention in the crypto market. What is notable is the size and source of the deposits, which could signal increased institutional activity.
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