Dormant Bitcoin Wallets Deposit 2,571 BTC Worth Over $206 Million to Coinbase Prime

Two Bitcoin wallets inactive for approximately three years transferred 2,571 BTC, valued between $206.52 million and $207 million, to Coinbase Prime on October 26. Such large exchange inflows from dormant whale wallets can introduce potential selling pressure or signal institutional repositioning, though on-chain data does not confirm immediate sales. The transaction followed earlier institutional crypto activity that same day, where Coinbase Institutional saw deposits of 2,570 BTC ($206.7 million) and an outflow of 645 BTC ($51.6 million) amid wider market transfers totaling $815.9 million.