Grayscale, one of the world’s largest digital asset managers, took action again and sent 9,840 Bitcoins to the US cryptocurrency exchange Coinbase.
Grayscale, which has attracted attention with the large amount of Bitcoin (BTC) transfers it has made to Coinbase in the last 3 days, has added a new one to these transactions.
According to data provided by on-chain analysis platform Arkham Intelligence 18 January 17.15 CET Taking action in the waters, Grayscale joined Coinbase approximately $420 million worth 9,840 thousand Bitcoins transferred.
The asset manager last contacted Coinbase on January 17. 790 million dollars transcendental 18,638 Bitcoins carried and attracted attention.
Analysts say that the outflows from Grayscale are a result of Bitcoin, which has been losing value for a long time and was converted into a spot Bitcoin fund just last week. Grayscale Bitcoin Trust (GBTC) He pointed out that it might be related to GBTC investors may be selling While it is stated that due to the closed premium rate, investors profit sale It was predicted that he did.
Bitcoin price did not react visibly to Grayscale’s transfer. According to CoinGecko data, in the last 24 hours 0.4% Bitcoin, which is on the rise, at the time of writing from $42,535 is being traded.