Grayscale Sends 110,867 ETH Worth $358,000,000 to Coinbase Prime As Ethereum Corrects

Digital assets manager Grayscale sent $358 million worth of Ethereum (ETH) to a Coinbase Prime deposit address, according to blockchain “de-anonymizing” service Arkham. Arkham’s data shows Grayscale sending 110,867 ETH in a series of transactions to Coinbase’s institutional arm, presumably to sell on the open market. At the same time, Ethereum has weathered a price […] source: https://dailyhodl.com/2024/07/28/grayscale-sends-110867-eth-worth-358000000-to-coinbase-prime-as-ethereum-corrects/