Transaction Detail

This transaction moved 20,716.74 ETH worth approximately $50.9 million to Coinbase's deposit wallet on 26 August 2026. The sender (0xc2bf398b4805893089ed4eb4fa25cb2e78c0ce87) transferred the entire amount in a single standard transfer, paying minimal gas fees (21,000 units at a relatively low gas price). The recipient address is labeled as Coinbase 5, which is one of several addresses that Coinbase uses to receive user deposits and manage inbound liquidity (a consolidated holding account for exchange-bound funds). The transaction is flagged as MEGA_WHALE_ETH, indicating the size and significance of the movement relative to typical Ethereum activity. The score of 8 reflects that this is a well-documented, high-confidence classification. No token contract is involved—this is a direct ETH transfer, not a stablecoin or other token. This data shows what happened on-chain: a large holder moved a substantial ETH amount to an exchange deposit address. It does not indicate intent, timing relative to price action, or whether this represents a sale, custodial rebalancing, or other purpose. Exchange deposit movements alone reflect only that funds entered a known trading venue.