Thousands of Bitcoins (BTC) came out from Grayscale Bitcoin Trust (GBTC) just as the markets in the USA were about to open.
According to information provided by Blockchain data platform Arkham Intelligence, Grayscale from Bitcoin Trust Coinbase Prime to the platform 4 thousand 415 Bitcoins sent. According to the data at the time of writing, these are approximately $190.5 million It does.
Grayscale Bitcoin Trust has a total of two different addresses today, apart from Coinbase Prime. He sent 1,808 BTC. A total of approximately 6 thousand 224 BTC was missing from the fund.
From Grayscale Bitcoin Trust the other day approximately 290 million dollars worth of Bitcoin was released. Sales from the fund this week compared to previous weeks in much smaller amounts.
GBTC was added to the Coinbase platform last week. daily The average value of BTCs sent, $530.2 million was at the level.
Bitcoin price started to move upwards as the selling pressure from GBTC eased. According to TradingView data, BTC gained approximately 10% on a weekly basis.