Blockchain data shows that the project transferred a total of $307.4 million across 13 transactions on February 4. The largest transfer involved 73,783 ETH, valued at $212 million.
Coinbase Prime transferred 552 WBTC worth $52.7 million and 219,149 LINK valued at $4.7 million, excluding Ethereum. Other assets moved included 16,585 AAVE worth $4.5 million, 4.9 million ENA valued at $3.3 million, and 2 million MOVE tokens worth $1.3 million. The transfers also involved 114,754 Ondo (ONDO) tokens worth $160,656 and $27.86 million in USDC stablecoin.
This large-scale movement of funds has sparked speculation in the crypto community. Some believe it could signal an upcoming strategic move by World Liberty Financial, while others see it as a sign of profit-taking or a shift in investment focus.
Professional investors often use Coinbase Prime for huge trades or secure asset storage. Since it is not clear for what purposes such big transactions have been made, this action is of great interest to most analysts.
