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Analyst Notes Nine New Strategy Wallet Addresses Linked to Possible Custodian Change

Emmett Gallic reports that nine tested ScriptHash addresses match Coinbase Prime deposit formats, possibly indicating custodial changes, though funds remain distributed and unconsolidated.

Summary

Analyst Emmett Gallic stated that the Strategy team tested nine new wallet addresses, potentially linked to custody changes. These ScriptHash addresses match Coinbase Prime’s deposit format, but the funds from testing were not consolidated.

Terms & Concepts
  • ScriptHash Address: A type of Bitcoin address generated from the hash of a script, commonly used for more complex transactions such as multi-signature setups.
  • Coinbase Prime: An institutional-grade cryptocurrency trading and custody platform offered by Coinbase, designed for large-scale investors and organizations.