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A whale withdrew $461.5 million in BTC from Coinbase, has held it for nearly two years, and has not sold despite $300 million in unrealized profits.

2026.09.10 - 05:15
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TechFlow reports that on September 10, monitoring by on-chain intelligence platform Arkham (@arkham) shows that a Bitcoin whale withdrew BTC worth $461.5 million from Coinbase approximately two years ago. During the holding period, unrealized profits peaked at $315 million, and the whale experienced a $100 million unrealized loss at the July market bottom, yet consistently held without selling. Since August, the whale has transferred $82 million to Kraken. It currently holds BTC valued at $418 million, with unrealized profits of approximately $40 million.

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