coinbaseprime

Institutional derivatives have a new gateway
Coinbase Prime taps into Deribit liquidity

Available to institutions in the U.S. and other eligible regions
Access regulated global crypto options and perpetuals
U.S. and global traders share a unified liquidity pool
More than 20 underlying assets, including BTC, ETH, SOL, and XRP
Collateral accepted: BTC, ETH, and USDC
More assets to be added later

The legal structure uses a CFTC-registered futures commission merchant
Deribit does not directly serve U.S. clients
Liquidity is being “brought” into a compliant gateway
Rather than sending U.S. retail traders directly to an offshore exchange

Once options and perpetuals become easy for institutions to use
Basis trades, volatility surfaces, and hedging orders
will all become more active
Spot volatility may not ease immediately
But the routing of large orders will change

$BTC $ETH
#CoinbasePrime #Deribit #期权 #Perpetuals

BlackRock-related ETF addresses moved another large amount

According to Onchain Lens
Transferred out within about an hour
7,244 coins $BTC approximately $558.62 million
63,600 coins $ETH approximately $143.63 million
Total: approximately $702.25 million
Destination: Coinbase Prime

Don’t automatically read “transferred to an exchange” as a sell-off
Coinbase itself serves as a custody and execution channel for these spot ETFs
Creating shares requires buying coins and depositing them
Redeeming shares requires moving coins to the trading desk
Both actions look similar on-chain
You can’t tell bullish from bearish based on transfers alone

To really determine the direction
You also need the ETF’s daily net inflow and outflow report
On-chain transfers are just transaction flows
They don’t mean BlackRock itself is calling for a price drop

$BTC $ETH
#BlackRockETF #资金流向 #CoinbasePrime

“Whales are dumping Bitcoin” — nobody saw that. What they saw was 6,168 BTC, worth $498.5 million, arriving at Coinbase Prime.

According to Lookonchain, there are three whales. They didn’t say who they are, or whether they sold.

And Coinbase Prime is both a brokerage desk and a custodian. A deposit there could be OTC, collateral, or simply custody.

The only wallet with a history, according to Arkham:
16 months ago, it withdrew 615.4 BTC at an average price of $105271.
Now it’s deposited 438.37 BTC back.
Down more than $15 million.
Whether it’s one of the 6,168 is unknown, so you can’t add them together.

Basically, it looks like the one who bought at the highs.

$BTC
I don’t hold any, so I’m watching the level: while the price is far below $105271, I think there’ll be more deposits like this.

A deposit to Prime — a sale or safekeeping? For now, I’m betting on the latter.

#bitcoin #CoinbasePrime

Came across this post from Onchain Lens: A BlackRock-related ETF wallet transferred 3,215 $BTC (about $262 million) and 38,882 $ETH (about $93.22 million) to Coinbase Prime within roughly two hours, for a total of about $356 million.

The key fact is the numbers. Transfers like these are common in authorized participant redemption/settlement flows and don’t necessarily mean an immediate sell-off. But the amounts are substantial, and with that wave of net outflows from spot ETFs happening at the same time, it’s worth keeping an eye on.

#BlackRock #链上 #CoinbasePrime

The U.S. government moved 17,700 BTC to Coinbase Prime this week. Is it about to dump? 🤔

$BTC Bottom line: Based on K33 Research’s analysis, this was most likely just a change of custody venue. There’s little indication of an impending sale.

📌 The numbers
· Transferred to Coinbase Prime: approximately 17,733 BTC, worth about $1.48 billion at the current price of $83,600
· Of that, 12,267 BTC are connected to the 2016 Bitfinex hack
· Holdings at government-labeled addresses: 324,527 → 306,795 BTC
· Including suspected government wallets that aren’t labeled, the total transferred was about 21,500 BTC

❓ Why doesn’t it look like a sale?
1️⃣ Coinbase Prime has been a custodian for the U.S. Marshals Service since 2024. Moving coins there doesn’t mean they’ve been listed for sale
2️⃣ The more than 12,000 Bitfinex-related BTC are still part of a claims process. The Justice Department has asked for them to be returned to victims in BTC, not converted to dollars
3️⃣ The Strategic Bitcoin Reserve’s ban on selling applies only to coins that have been fully forfeited. These coins were already meant to be returned

⚠️ This small portion could create selling pressure
About 1,200 BTC from the FTX and HashFlare cases were also transferred. This portion may be paid out to victims in cash and is worth about $100 million at the current price.

Also, about 15,000 Bitfinex-related coins were transferred within two days, which may indicate that a distribution plan or related ruling is moving forward. It’s unclear whether Bitfinex will hold or sell the coins after they’re returned. I’ll be watching to see which address they ultimately end up in.

💬 My take
· When an on-chain alert says “government address → exchange,” many people’s first thought is that a dump is coming. This time, the recipient is a custody service, so look at the purpose before the amount
· Even if all 1,200 BTC were sold, that would only be about $100 million. Where the 12,000-plus Bitfinex coins ultimately go could have a bigger market impact
· If you’re trading with a small account, don’t let one on-chain alert tempt you into chasing shorts over the next few days. You’re most likely to get caught out when a wick sweeps both sides

When you see coins moved from a government address, is your first reaction to run—or to check why?

The above is only my personal opinion and does not constitute investment advice. DYOR.

#BTC #比特币 #Bitfinex #CoinbasePrime

🚨 US Government Moves 833.6 BTC to Coinbase: The $71M Liquidity Test

📊 Alpha Breakdown:
The US government transferred 833.6 BTC to Coinbase Prime, worth $71.6M. This moves assets into a sellable state, potentially adding short-term selling pressure. However, this is a small fraction of their $28B total holdings, limiting immediate market impact....

🔗 Full Breakdown on YourWeb3Guy:
https://www.yourweb3guy.com/news/us-government-moves-833-6-btc-to-coinbase-the-71m-liquidity-test

#Bitcoin #USGovernment #CoinbasePrime #On-ChainAnalysis

On-Chain Monitoring: Multicoin has deposited $12.15 million worth of HYPE again into Coinbase Prime. Since July 28, the cumulative deposited amount has reached $285 million.

#HYPE #Multicoin #CoinbasePrime

🚨 Market Alert: The U.S. Moves $297 Million in BTC and ETH to Coinbase Prime 🏛️ 💼

The U.S. government made one of its biggest crypto moves of the year by transferring approximately $297 million in seized assets to a Coinbase Prime wallet. While initial reports mentioned $308 million, the final on-chain breakdown confirmed the exact value of the transaction.

📊 Details of the transfer:
🪙 Cryptocurrencies sent: The transaction included 3,940.7 BTC (valued at $244 million) and 30,007 ETH (valued at $53.09 million).

⚖️ Source of the funds: The assets come from high-profile seizures linked to narcotics trafficker Ryan Farace ("Xanaxman"), money laundering, and the now-missing crypto exchange BTC-e.

🛡️ Sale or custody?: Although the transfer sparked speculation about a possible sale, Coinbase Prime typically acts as the official custodian for the U.S. Marshals Service, so it could simply be a reorganization of funds.

💬 Do you think the government is preparing to liquidate these assets, or is it just a simple restructuring of its massive crypto treasury? Share your thoughts below! 👇🔥
$BTC
$ETH
$BNB

#CoinbasePrime #USGovernment #BTCe #CryptoNews #SOL

🚨 IMPORTANT MOVEMENT IN THE CHAIN 🚨
🇺🇸 The U.S. government transferred nearly $288-297 MILLION in $BTC and $ETH to Coinbase Prime this Monday.
📊 Breakdown:
* ~3,940 BTC (~$244M)
* ~30,000 ETH (~$53M)
The funds come from seized assets (cases involving Ryan Farace "Xanaxman", the former BTC-e exchange, and a former Oracle employee linked to money laundering).
⚠️ What stands out: this could contradict Trump’s March 2025 executive order, which instructed that the seized BTC be held in the Strategic Reserve and banned its sale.
👀 Coinbase Prime handles custody, trading, and financing — so this doesn’t confirm an imminent sale, but it does raise market suspicions.
🗳️ On the very same day, Trump urged the Senate to approve the CLARITY Act.
💰 The government still holds about ~$20,600 million in crypto (325,000 BTC, 28,000 ETH, 146M USDT).
Strategic repositioning or preparation to sell? The community is already debating. 🔥
#BTC #ETH #CoinbasePrime #ClarityAct

#BinanceTurns9 #CoinbasePrime The U.S. government moved 3,941 BTC and more than 30,000 ETH to Coinbase Prime from that address. That totals close to $300 million—like frozen meat in a fridge being taken out to thaw suddenly. On-chain signals are somewhat bearish, but not fatal. After a few past transfers of this kind, the market didn’t directly collapse; it was more about pressuring sentiment. Part of me wants to enter, but thinking about the scale, it’s really “the real deal” for liquidity testing. Staying cautious is reasonable.

On-chain data shows that Multicoin Capital transferred 441,000 HYPE tokens worth approximately $35.31 million to Coinbase Prime.

#MulticoinCapital #CoinbasePrime #HYPE

I'm holding $BNB
, and what bothers me about the news on the US government isn't Bitcoin, but the 40285 BNB alongside it

Alongside the 833.6 BTC that went to Coinbase Prime, the government moved 40285 BNB, worth approximately $31.63M, through intermediary transactions to an unlabeled address

Why this gets to me more:
- Bitcoin in the strategic reserve can't be sold by executive order
- Confiscated BNB isn't covered by that restriction; it can be disposed of at their discretion

So if anything is going to be sold, the rules make that more likely to be these BNB than $BTC . But for now, this is just a transfer; no one has seen a sale

The channel, by the way, claims “568 BTC to an exchange.” According to press reports, 833.6 BTC moved, and Coinbase Prime is an institutional custodian and trading platform, so a transfer there isn't a sale

My BNB is in earn; I'm not touching anything) Wonder if those BNB will make it to an exchange

#bnb #CoinbasePrime #СтратегічнийРезерв #крипта

A certain giant whale continuously withdrew 50,000 ETH from Coinbase Prime, worth approximately $95.4 million. #ETH #CoinbasePrime

BlackRock transfers 3,310 units of $BTC and 28,370 units of $ETH to Coinbase Prime.
#贝莱德 #CoinbasePrime #BTC #ETH

Deposit 411.48 BTC into Coinbase Prime, roughly 30.3 million USD. #BTC #CoinbasePrime #Strategy

The U.S. government has transferred 5,939 ETH to Coinbase Prime. #美国 #ETH #CoinbasePrime

BlackRock withdraws 2,979 ETH from Coinbase Prime 💼

#ETH #贝莱德 #CoinbasePrime