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by: xpoolPosted on: April 17, 2025

Grayscale Moves 5.1 Million ETH to Coinbase Prime: Market Implications Unveiled

Blockchain analytics firm Arkham has flagged a substantial transfer of 5,161 ETH from a Grayscale wallet, valued at approximately $8.24 million, to Coinbase Prime. This significant move, just half an hour ago, has sparked speculation and discussion within the cryptocurrency community. Let’s delve into potential reasons behind this transaction and analyze its implications for the market.

Related posts:

  1. Grayscale Seeks Approval for Ethereum ETF Staking, SEC Review Begins
  2. SEC Delays Decision on Grayscale’s Ethereum ETF Staking Proposal
  3. Grayscale Moves $10 Million in ETH to Coinbase Prime: What Does It Mean for Ethereum?
  4. Galaxy Digital Moves $80M of Ethereum to Exchanges
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