A few hours ago, Coinbase cold wallet transferred 150,000 ETH to hot wallet

Odaily News According to the monitoring of on-chain analyst @tocuee, a few hours ago, a huge amount of cold-to-hot transfers occurred in the Coinbase address, with 150,000 ETH worth nearly $550 million being transferred from the cold wallet to the hot wallet. This huge amount of ETH was deposited 6 years ago. If calculated at the price at the time of deposit, the floating profit of this ETH is $533 million. On-chain analyst @ai_9684xtpa said that he believes that the transfer of funds from cold wallets is generally to cope with large withdrawals.