Grayscale Transfers Substantial Cryptocurrency Holdings to Coinbase Prime and Unknown Addresses
Publication Time:2024-07-29 21:26:06
Golden Finance reports that Grayscale recently carried out a major cryptocurrency transfer action, involving a large amount of its holdings. According to Arkham data tracking, about ten minutes ago, Grayscale transferred a total of 108,825 Ether (ETH) to a Coinbase Prime address, with the value of this transfer amounting to approximately $367 million. Additionally, 700 Bitcoins (BTC), with a total value of approximately $48.88 million, were transferred to an as yet unspecified specific address. This large-scale transfer activity has attracted widespread attention in the market, possibly signaling Grayscale's latest strategy or plan for the cryptocurrency market.
BTC
ETH
Coinbase Prime
Grayscale
Cryptocurrency Transfer