Grayscale transferred over $450 million worth of BTC to CEX address
According to Arkham monitoring, Grayscale transferred 7050.38 BTC to the Coinbase Prime address at 22:15 Beijing time on March 4, worth approximately US$458.7 million. In addition, Grayscale also transferred 1,601.62 Bitcoins (worth approximately $104 million) to two new addresses, which are suspected to be Grayscale’s new custody addresses.
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