We studied the micelle formation of a diblock copolymer of styrene and ethylene oxide in mixtures of 2,6-dimethylpyridine (2,6-lutidine) and water. Micelles are formed in a broad solvent composition range with a volume fraction of water ranging from 0.05 to 0.85, where neither polystyrene nor polyethylene oxide homopolymers are soluble. The diffusion behavior of pure solvent mixtures and in solutions of copolymer micelles is reported. In LTD/water mixtures, two diffusive processes corresponding to self-difusion and two modes belonging to mutual diffusion and diffusion of solvent clusters have been found. In copolymer solutions, the mode of copolymer micelle diffusion replaces the mode of solvent cluster diffusion. Quasielastic light scattering, small-angle neutron scattering, and pulsed-field gradient NMR have been employed in our study.