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Bitcoin.com
2024-01-13 03:00:43

Grayscale’s 4,000 Bitcoin Transfer Worth $175M Stirs Market Speculation Amid Record ETF Trading Volume

Grayscale’s 4,000 Bitcoin Transfer Worth $175M Stirs Market Speculation Amid Record ETF Trading Volume

Recent blockchain analytics reveal that 4,000 bitcoins, valued at approximately $175 million, have been transferred from addresses believed to be controlled by Grayscale’s Bitcoin Trust, commonly referred to as GBTC. Records indicate that these transfers occurred in four separate batches of 1,000 bitcoins each, directed towards Coinbase. Arkham Data Shows Flagged Grayscale Wallets Sent 4,000

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