According to on-chain analyst @ai_9684xtpa, five new wallets withdrew nearly 29,600 ETH from Coinbase and have not moved or sold the holdings since the transfers.
On-chain analyst @ai_9684xtpa reported that five new wallets withdrew a combined 29,598 ETH worth $68.94 million from Coinbase. The withdrawals took place about eight hours before the report at an average price of $2,329 per ETH. The receiving addresses have not moved or sold the ETH after the transfers, according to the analyst’s tracking data.