Suspected GameStop associated address deposits 2396 BTC into Coinbase

On chain data shows that the suspected GameStop associated wallet address transferred 2396 BTC to the Coinbase Prime hot wallet 16 hours ago, accounting for 50% of its total Bitcoin holdings. According to data, GameStop purchased 4710 BTC through Coinbase Prime in May 2025 as a reserve for the company's treasury, with a total investment of approximately $500 million. The purchase price range for each BTC was approximately $106000 to $109000, and the corresponding unrealized loss is currently around $70 million.