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12 new wallets withdrew 296,800 ETH from Coinbase shortly after Celsius deposit, suspected to be an OTC transaction

12 new wallets withdrew 296,800 ETH from Coinbase shortly after Celsius deposit, suspected to be an OTC transaction

CointimeCointime2024/01/26 02:50
By:Cointime

On January 26th, Spot on Chain reported that shortly after Celsius deposited ETH into CEX, 12 new wallets withdrew 296,835 ETH ($660 million) from Coinbase, accounting for 97.2% of the total deposit amount and suspected to be off-exchange transactions.

Previously, according to Spot on Chain monitoring, Celsius addresses sent 459,560 ETH (worth $1.02 billion) to multiple CEXs in the past 8 hours.

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