#700 Bitcoins were transferred out in grayscale.#
Hot Topic Overview
Overview
Recently, Grayscale has made several cryptocurrency transfers. According to monitoring, Grayscale transferred 700 Bitcoin to an unknown address, worth approximately $67.94 million. In addition, Grayscale transferred 121,946.439 AVAX through four transactions, worth over $5.1 million. The specific reasons for these transfers are unclear, but they have attracted market attention, with many speculating that Grayscale may be making internal adjustments or preparing for other operations.
Ace Hot Topic Analysis
Analysis
Recently, Grayscale has made several cryptocurrency transfers, the most notable being the transfer of 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. In addition to Bitcoin, Grayscale also transferred 121,946.439 AVAX to an address starting with 0x35e in 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 reason for Grayscale's transfer of Bitcoin is unclear. The market speculates that it may be to meet redemption needs or to make internal adjustments.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Grayscale transferred 700 Bitcoin to an unlabeled address, worth approximately $67.94 million.
The address starts with bc1q5 and its purpose is currently unknown.
Grayscale also recently transferred 120,000 AVAX, worth over $5.1 million.
Grayscale's transfer of cryptocurrencies has drawn market attention, with speculation that it may be related to various factors, such as portfolio adjustments, meeting redemption demands, etc.