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Grayscale Moves About 9,787 ETH Worth $19.46 Million and 446 BTC Worth $29.43 Million to Coinbase Prime

According to Arkham data, Grayscale transferred Ethereum and Bitcoin to Coinbase Prime within the past 10 minutes, expanding on an earlier reported ETH-only movement.

BTC
ETH

Summary

Arkham data shows Grayscale transferred about 9,787 ETH worth $19.46 million and 446 BTC worth $29.43 million to Coinbase Prime. The transfers were detected within the past 10 minutes. This updates an earlier report that cited a transfer of about 5,550 ETH worth $12.05 million to a Coinbase Prime address and adds a newly identified Bitcoin movement.

Terms & Concepts
  • ETH: The native cryptocurrency of the Ethereum blockchain, used for transactions and network fees.
  • BTC: The native cryptocurrency of the Bitcoin network and the largest digital asset by market value.
  • Coinbase Prime: An institutional crypto brokerage and custody platform operated by Coinbase for large-scale trading and asset management.