Bitcoin● Neutral

Long-dormant Bitcoin linked to Irish drug lord moves $41M toward Coinbase

TradingGain Newsroom·10d ago·21 Oct 2026, 23:10 UTC

About $41 million in Bitcoin tied to an Irish drug lord, previously considered lost, has moved to an address Arkham labels as a Coinbase Prime deposit. The same destination was also used in July and August. Traders may watch this kind of transfer, since it shows coins becoming active again, though the move alone does not confirm a sale.

BTCAt the time of writing, Bitcoin traded at $84,336 (+1.68% in 24h).Live price →

Why it matters

Funds moved to an address Arkham labels as a Coinbase Prime deposit, a destination also used in July and August.
Coins once thought lost are active again, which can draw attention from traders tracking on-chain activity.
The transfer reached a deposit address, but the story does not confirm that the Bitcoin has been sold.

What to watch next

Watch whether the coins move on from the Coinbase Prime deposit address, since further transfers would show what the holder plans to do next.

BTCLive chartOpen full chart →

This brief is written by TradingGain from public reporting by CryptoSlate.Read original ↗

Long-dormant Bitcoin linked to Irish drug lord moves $41M toward Coinbase — Story card · share it on your status or channel⬇ Download image

More stories

All news →

17m ago

Bitcoin▼ Bearish● Important

Bitcoin Rebound Tested by $643M in ETF Outflows and Rising Derivatives Bets

Bitcoin's recovery is running into $643 million in ETF outflows, as investors pull money from these funds. Derivatives exposure in selected areas has also risen. Traders may see this as a test of whether real demand can keep the rebound going.

BTCCryptoSlate ↗

18m ago

DeFi▼ Bearish● Important

FBI Links North Korea to $6B Binance Hack and Asks DeFi to Block Addresses

The FBI has confirmed that North Korea was behind a $6 billion hack of Binance. It has asked the DeFi community to block certain BTC, ETH and SOL addresses tied to the attack. For traders, this highlights security risks and the possibility of further disruption in crypto markets.

BTC ETH SOLCoinDesk ↗

6h ago

Market Today● Neutral

Crypto market today: Bitcoin up 0.39% to $77,571 as Binance breach news weighs

Bitcoin rose about 0.39% over the last 24 hours to about $77,571, and Ethereum gained about 0.49%. Most other major coins, including SOL, XRP, BNB and DOGE, slipped slightly, and 68 of 191 tracked coins were up, so the market was mixed and the moves were small. The most likely reasons are caution after the Binance hack reports and a Fear reading on the sentiment index.

BTC ETHLive update →

7h ago

Bitcoin● Neutral

Bitcoin's 18th Anniversary: Op-Ed Argues Bitcoin Can Shield Business Surplus

Marking 18 years since Satoshi published the Bitcoin white paper, an op-ed by Onramp CEO Michael Tanguma argues that small business owners still bear the cost of a system built on bailouts. He suggests that keeping part of their surplus in bitcoin could help protect it. This is an opinion piece, not a new market event, so its direct effect on prices is likely limited.

BTCCoinDesk ↗

9h ago

Bitcoin● Neutral

Saylor Predicts New Bitcoin Bull Run, but Strategy's Earnings Raise Questions

Strategy reported a record $20.9 billion in third-quarter operating income, and Michael Saylor said a new Bitcoin bull market has begun. Most of that operating income came from a $20.9 billion gain, which raises questions about the quality of the results. Traders may see the bull market call as a sentiment signal, but the earnings details call for caution.

BTCCryptoSlate ↗

TradingGain News summarises public reports in our own words and always links to the original source. Market Data stories are generated automatically from public exchange data. Nothing on this page is financial advice; always do your own research and use a stop-loss.