500 BTC ($30.7M) linked to Irish drug dealer deposited to Coinbase after 10 years

According to an analysis by Onchain Lens, 500 BTC linked to Irish drug dealer Dubliner Clifton Collins was deposited into U.S. crypto exchange Coinbase about 40 minutes ago. The funds, worth approximately $30.76 million, had been dormant for about 10 years. Deposits to exchanges are typically interpreted as a precursor to selling. The wallet associated with Collins still holds 4,500 BTC, valued at around $277.17 million.