50,783 ETH moves to Coinbase from unknown wallet, worth $103M
A significant transfer of 50,783 ETH, valued at approximately $103 million, has been made to Coinbase from an unidentified wallet. This transaction has drawn attention from traders as it could indicate potential market movements. The lack of prior public attribution for the sending wallet suggests a long-term holder may be repositioning their assets.
- ▪The transfer was flagged by blockchain monitoring service Whale Alert and executed on the Ethereum blockchain.
- ▪At the time of the transfer, ETH was trading at around $2,030.
- ▪This transaction follows a previous larger transfer of 114,325 ETH valued at $254 million to Coinbase in late April 2026.
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50,783 ETH moves to Coinbase from unknown wallet, worth $103M A nine-figure Ethereum transfer from an unidentified wallet to a major exchange has traders watching for what comes next. Share Add us on Google by Editorial Team May. 23, 2026 window.sevioads = window.sevioads || []; var sevioads_preferences = []; sevioads_preferences[0] = {}; sevioads_preferences[0].zone = "01f21ccf-2092-46b1-9ac7-8c44cc782e0f"; sevioads_preferences[0].adType = "native"; sevioads_preferences[0].inventoryId = "c5700508-581b-472c-8fdd-a931cdbfc8e1"; sevioads_preferences[0].accountId = "1e47efc1-ec2d-4fca-a8b9-354e249e5095"; sevioads.push(sevioads_preferences); Someone just moved $103 million worth of Ethereum onto Coinbase. The wallet behind it? No public label, no known entity, no breadcrumbs.
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Excerpt limited to ~120 words for fair-use compliance. The full article is at Crypto Briefing.
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