Grayscale transferred approximately 6,035 BTC to the CEX address
According to Arkham monitoring, Grayscale transferred approximately 6035.819 BTC to the Coinbase Prime address at around 22:28 on March 6, Beijing time, worth approximately US$405 million. In addition, Grayscale also transferred 800.196 Bitcoins (worth approximately US$53.77 million) to a new address, which is suspected to be Grayscale’s new custody address.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
CryptoQuant: Whales have deposited approximately $7.5 billion worth of BTC to a certain exchange in the past month


Today, BTC options with a notional value of $13 billion expire, with the max pain point at $98,000.