Bitcoin Grayscale’s Massive Bitcoin Transfer: 9k $BTC Move Sparks Market Reaction by Ouess January 17, 2024 written by Ouess January 17, 2024 199 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. BREAKING: $GBTC (@Grayscale) MOVES ~$385.1M WORTH OF $BTC, SOME OF WHICH TO WALLETS IT HAS PREVIOUSLY USED TO MOVE FUNDS TO @coinbase – AS @NYSE OPENS pic.twitter.com/uCM13OKQJN— DEGEN NEWS 🗞️ (@DegenerateNews) January 16, 2024 Despite this transfer, Grayscale still retains a substantial 617,000 BTC in its wallet, amounting to an estimated value of $26.22 billion. altcoinARKinvestBinanceBitcoinbitcoinetfblackrockblurcardanoCoinbasecryptocryptonewsETFethereumgraysacleKucoinmantlememecoinNFTNFT MarketNFTmarketpolkadotpolygonRippleSECSolanasolanamemeseason 0 comment 0 FacebookTwitterPinterestEmail Ouess previous post Elon Musk’s Bio Change Sparks Million-Dollar Profit: Trader’s Success with TROLL Coin Surge next post $HON Token Trading Goes Live in a Major Crypto Endorsement in Kucoin You may also like Bitcoin ETF inflows Pump $876M Amid Price Dip October 8, 2025 Bitcoin ETF Inflows Up to $1.19B as Price... October 7, 2025 Bitcoin All-Time High Amid US Shutdown October 6, 2025 Michael Saylor Bitcoin Purchases Continue Weekly October 5, 2025 Bitcoin Price Rally Hits New All-Time High Above... October 5, 2025 Bitcoin Accumulation Phase High as ETFs Fuel Rally October 4, 2025 Bitcoin Price Hits $120K as Wall Street Eyes... October 3, 2025 Bitcoin ETF Inflows Hit $676M, Fueling Price Surge October 2, 2025 Bitcoin Price Holds $114K as ETF Inflows Hit... October 1, 2025 Bitcoin Price Prediction: Key $116K Breakout Level Revealed September 30, 2025