Grayscale Receives Significant BTC Inflow from Coinbase Prime Grayscale

Grayscale Receives Significant BTC Inflow from Coinbase Prime

Grayscale, a leading digital currency asset management firm, has received a substantial inflow of Bitcoin from Coinbase Prime, according to Arkham monitoring. The inflow, which occurred over a period of 50 minutes, consisted of 245.997 BTC, valued at approximately $16.17 million.

The Bitcoin was divided between two Grayscale addresses. The Grayscale Bitcoin Mini Trust address received 70.934 BTC, while the Grayscale Bitcoin Trust address received 175.063 BTC. This significant transaction demonstrates the continued growth and interest in Grayscale’s Bitcoin investment products.

Source: BlockBeats news

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