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Grayscale Transfers 3,701 ETH Worth $16.31 Million to Coinbase Prime Wallet

Grayscale's latest deposit of 1,856 BTC, 29,718 ETH, and 10,516 SOL into Coinbase Prime underscores ongoing institutional involvement in the digital asset market.

BTC
ETH
SOL

Summary

On October 14, 2025, Grayscale deposited a total of 1,856 BTC (~$205.8 million), 29,718 ETH (~$151.2 million), and 10,516 SOL (~$2 million) into Coinbase Prime, as confirmed by Lookonchain data. This transaction further highlights the growing interest of institutional investors in digital currencies.

Terms & Concepts
  • Bitcoin (BTC): The first and most widely recognized cryptocurrency, created by an anonymous entity known as Satoshi Nakamoto, using blockchain technology.
  • Ethereum (ETH): A decentralized, open-source blockchain featuring smart contract functionality, used for digital payments and decentralized applications.
  • Solana (SOL): A high-performance blockchain supporting decentralized applications and cryptocurrencies, known for its scalability and low transaction fees.