#700 Bitcoins were transferred out in grayscale.#
Hot Topic Overview
Overview
Recently, Grayscale has conducted large-scale cryptocurrency transfers. According to monitoring, Grayscale transferred 700 Bitcoin to an untagged address, worth approximately $67.94 million. In addition, Grayscale transferred 121,946.439 AVAX to an address starting with 0x35e through four transactions, worth over $5.1 million. The specific purpose of these transfers is unclear, but it has sparked market speculation about Grayscale's fund flows.
Ace Hot Topic Analysis
Analysis
Grayscale has recently made two large cryptocurrency transfers, attracting market attention. First, Grayscale transferred 700 Bitcoin to an unknown address, worth approximately $67.94 million. This transaction occurred 25 minutes ago and was monitored by Arkham. The transfer address starts with bc1q5m. Second, Grayscale transferred 121,946.439 AVAX to an address starting with 0x35e through four transactions two hours ago, worth over $5.1 million. Among them, Grayscale Digital Large Cap Fund transferred 117,938 AVAX, Grayscale Smart Contract Platform Ex-Ethereum Fund transferred 674.439 AVAX, and Grayscale also transferred 3,325 AVAX separately. Currently, the specific purpose of these two transfers is unclear. The market speculates that it may be to meet redemption needs, or it may be for internal adjustments or investment strategy adjustments.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Grayscale may be selling Bitcoin
Grayscale may be making internal asset adjustments
Grayscale may be preparing for its Bitcoin ETF
Grayscale may be trading for its clients