Grayscale Moves Large Quantities of Bitcoin to Coinbase Prime and Unknown Addresses
Publication Time:2024-08-07 21:46:07
Cointelegraph reports that a significant Bitcoin transfer event has occurred recently. About ten minutes ago, Grayscale Investment, an institution, transferred 700 Bitcoins from its address to the address on Coinbase Prime, worth approximately $40,010,000. This move has drawn considerable attention in the market. It's noteworthy that at the same time, Grayscale also moved 700 Bitcoins (worth approximately $40,010,000) to an unknown address, further increasing market uncertainty and curiosity. Currently, the specific reason for this Bitcoin transfer and its subsequent impact are being continuously monitored and analyzed by the market.
Coinbase Prime
bitcoin transfer
Grayscale Investment
Cryptocurrency trading
Unknown Address