Grayscale’s Massive Bitcoin Transfer: 9k $BTC Move Sparks Market Reaction

by Ouess


Arkham’s data reveals that Grayscale executed a transfer of 9,000 Bitcoins valued at $380 million to Coinbase.

Following this transaction, the price of BTC experienced a decline, reaching $42,050.

Despite this transfer, Grayscale still retains a substantial 617,000 BTC in its wallet, amounting to an estimated value of $26.22 billion.

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