Search results for Coinbase Prime Custody
Crypto
Coinbase moves 1.163 trillion Shiba Inu tokens in 30 minutes; who is behind the large transfer?
Coinbase moved 1,163,213,299,134 Shiba Inu (SHIB) tokens in three transfers over about 30 minutes, a report said. On-chain data firm Arkham Intelligence identified the tokens being distributed to three new wallets from Coinbase Prime Custody addresses. Analysts viewed the movements as internal transfers rather than market buying or selling. No further withdrawals or transactions were detected from the new wallets as of publication, the report said.
Crypto
SpaceX IPO filing seen due in May, could reveal 8,285 BTC holdings for first time
SpaceX is expected to make its initial public offering filing public as soon as May, drawing attention to its bitcoin holdings. CoinPost reported the company has already filed confidentially with the U.S. SEC and is preparing an investor roadshow targeting a June 8 start. Arkham Intelligence estimates SpaceX holds 8,285 BTC in a Coinbase Prime custody account, worth about $670 million at current prices.
Crypto
SpaceX keeps bitcoin holdings despite $5 billion losses
SpaceX recorded losses of about $5 billion in 2025 but continued to hold 8,285 bitcoin, according to data cited by Cryptopolitan. The bitcoin holdings are estimated to be worth $603 million and are kept in a Coinbase Prime custody account without being sold. Data from Arkham Intelligence and The Information showed SpaceX has maintained its balance since mid-2024. Market participants linked the move to shifting corporate treasury strategies, while corporate bitcoin buying in March was dominated by Strategy.