- Buy Crypto
- Markets
- Futures
- Spot
- Copy Trade
Earn- More
Suspected GameStop-Linked Address Deposits 2,396 BTC to Coinbase, Overall Unrealized Loss of Approximately $70 Million
BlockBeats News, January 21st, according to on-chain data, the suspected GameStop-related wallet address transferred 2,396 BTC to the Coinbase Prime hot wallet 16 hours ago, accounting for approximately 50% of its total Bitcoin holdings.
Records show that GameStop purchased 4,710 BTC through Coinbase Prime in May 2025 as part of the company's treasury reserve, with a total investment of approximately $500 million. The average purchase price per coin ranged from $106,000 to $109,000. Currently, the unrealized loss corresponding to this portion of Bitcoin is approximately $70 million.
You may also like
ARK Founder “Wood Sister” 2026 Forecast: Gold Hits a Peak, Dollar Recovers, Bitcoin Sets Its Path
Key Takeaways Cathie Wood anticipates a “golden age” for the US stock market influenced by deregulation, tax cuts,…
Why Digital Asset Treasuries That Only Hodl May Fall Short
Key Takeaways Digital Asset Treasuries (DATs) that solely focus on holding crypto assets such as Bitcoin face significant…
Wintermute: The Four-Year Cycle is Dead, Crypto Breakthrough 2026, Where to Next?
Key Takeaways The traditional four-year crypto cycle, once deemed a fundamental market principle, is becoming obsolete as market…
Crypto Mortgages in the US: Navigating Valuation Challenges and Regulatory Uncertainties
Key Takeaways The Federal Housing Finance Agency (FHFA) mandates Fannie Mae and Freddie Mac to consider cryptocurrencies in…
Satoshi-era Wallet Moves $85M in Bitcoin After 13 Years
Key Takeaways A dormant Bitcoin wallet from the Satoshi era has transferred 909.38 BTC, valued at around $84.6…
WLFI Faces Backlash After ‘Team Wallets’ Push Through USD1 Growth Proposal
Key Takeaways World Liberty Financial (WLFI) is under scrutiny after nine dominant wallets exerted significant control over a…
2026 Airdrop Interoperability Bible: 182 Projects, Eight Major Track Full Coverage Index
IOSG Investment Insider: In 2026, How Should We Bet on Mainstream Assets?
After reviewing the recommendation algorithm of Platform X, this is the type of content you need to post to generate high traffic.
Trump's First Year in Office: Big Wins and Major Setbacks
Wintermute: The four-year cycle is dead, Crypto Breakthrough 2026, where to next?
How AI Trading Systems Perform in Live Markets: Inside the WEEX AI Hackathon Beta Test
WEEX launched a Beta Test to provide participants with a proving ground that closely mirrors real trading conditions, allowing strategy stability, execution capability, and risk control to be tested by the market in advance, while refining an AI trading infrastructure that can truly be deployed in live markets.
Why Can Coinbase Halt a CLARITY Act Vote with Just One Sentence?
31 Investments, 4 IPOs: Veteran VC Pantera's 2025 Report Card and 2026 Outlook
Here’s What Happened in Crypto Today
Key Takeaways Bitcoin experienced a significant price dip as Europe considered retaliatory trade measures against the U.S. The…
Trump’s Tariff Policies Impact Cryptocurrency Market Dynamics
Key Takeaways Trump’s tariff policies lead to significant volatility in cryptocurrency markets, notably affecting Bitcoin prices. Bitcoin experienced…
Market Correction Causes Significant Drop in Meme Coin Values
Key Takeaways WhiteWhale’s value has decreased by 32.3% in the past 24 hours. The coin is currently trading…
Memecoins Fall While BlackWhale Rises in Cryptocurrency Market Shakeup
Key Takeaways The cryptocurrency market is experiencing a correction that has severely impacted memecoins. WhiteWhale’s value has declined…
ARK Founder “Wood Sister” 2026 Forecast: Gold Hits a Peak, Dollar Recovers, Bitcoin Sets Its Path
Key Takeaways Cathie Wood anticipates a “golden age” for the US stock market influenced by deregulation, tax cuts,…
Why Digital Asset Treasuries That Only Hodl May Fall Short
Key Takeaways Digital Asset Treasuries (DATs) that solely focus on holding crypto assets such as Bitcoin face significant…
Wintermute: The Four-Year Cycle is Dead, Crypto Breakthrough 2026, Where to Next?
Key Takeaways The traditional four-year crypto cycle, once deemed a fundamental market principle, is becoming obsolete as market…
Crypto Mortgages in the US: Navigating Valuation Challenges and Regulatory Uncertainties
Key Takeaways The Federal Housing Finance Agency (FHFA) mandates Fannie Mae and Freddie Mac to consider cryptocurrencies in…
Satoshi-era Wallet Moves $85M in Bitcoin After 13 Years
Key Takeaways A dormant Bitcoin wallet from the Satoshi era has transferred 909.38 BTC, valued at around $84.6…
WLFI Faces Backlash After ‘Team Wallets’ Push Through USD1 Growth Proposal
Key Takeaways World Liberty Financial (WLFI) is under scrutiny after nine dominant wallets exerted significant control over a…
App