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Grayscale Bitcoin Trust Address Transfers 100.41 BTC to Coinbase Prime

The Bitcoin transfer was valued at about $8.33 million and occurred Oct. 9 at 9:16 a.m. ET (1:16 p.m. UTC).

Mentioned assets
Bitcoin token resting beside a secure metal custody door / TokenPost.ai
Bitcoin token resting beside a secure metal custody door / TokenPost.ai

A Grayscale Bitcoin Trust (GBTC) address transferred 100.41 Bitcoin (BTC), worth about $8.33 million, to a Coinbase Prime deposit address on Oct. 9.

The transaction took place at 9:16 a.m. ET (1:16 p.m. UTC). The transferred amount was recorded as 100.41 BTC.

Coinbase Prime is an institutional cryptocurrency trading and custody platform.

The transfer involved a Coinbase Prime deposit address, with no further details provided about its purpose or next steps.

Enna Lee

Reporter

Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

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