Arkham Intelligence flagged another 500 BTC transfer from Clifton Collins-linked wallets, extending a series of mysterious movements involving $208 million.

A Bitcoin wallet linked to convicted Irish drug dealer Clifton Collins moved about $41.5 million after a decade of inactivity.

Blockchain analytics firm Arkham Intelligence reported that 500 BTC moved on Oct. 20 from an address associated with Collins to a wallet it identifies as a Coinbase Prime deposit.

The transfer marks the fifth movement of 500 BTC from Collins-linked wallets this year, bringing the total to 2,500 BTC, worth approximately $208 million at Bitcoin's price of around $83,157.

The development leaves roughly 3,500 BTC, valued at $291 million, in wallets Arkham associates with the former drug dealer, raising questions about whether the remaining fortune could also become accessible.

The October transaction follows the same pattern seen in July and August, when separate wallets transferred 500 BTC each to the same Coinbase Prime-linked address.

Blockchain records show that the latest transfer originated from coins received in January 2016, meaning those specific holdings had remained unspent for nearly 11 years.

The receiving address subsequently redistributed the funds across 42 outputs, including 40 transfers of exactly 10 BTC. Similar distributions followed the earlier movements, suggesting a recurring process for handling the Bitcoin.

However, the transactions do not show whether any assets were sold or identify who authorized the latest transfer.

Collins, a former security guard and cannabis cultivator, accumulated approximately 6,000 BTC between 2011 and 2012 using proceeds from drug dealing.

He reportedly split the holdings into 12 wallets with 500 BTC each and stored the private keys needed to access them on printed paper hidden inside a fishing rod case.

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