Grayscale Moves 11,760 ETH to Coinbase Prime

IconCryptoNewsTerminal Staff22 Aug, 2024

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Grayscale Moves 11,760 ETH to Coinbase Prime

Grayscale Moves 11,760 ETH to Coinbase Prime According to Arkham, a leading blockchain analysis firm, Grayscale Investments, the world's largest digital currency asset manager, has recently transferred 11,760 ETH (Ethereum) to a Coinbase Prime address. This transaction was valued at approximately $30.82 million at the time of the transfer. The movement of such a significant amount of ETH by Grayscale has sparked interest among market participants and highlights the increasing adoption of institutional-grade cryptocurrency services.