Grayscale address transferred 4,457 BTC to multiple new addresses

Bitget App

Trade smarter

Cointime2025/02/07 14:00

By:Cointime

on-chain data shows that a large amount of Bitcoin has been transferred in the past 10 minutes from a Grayscale address, with a total amount exceeding $360 million, involving 4,457 BTC. The largest single transfer amount was 694.019 BTC (approximately $67.96 million), and other large transactions include 692.684 BTC ($67.83 million), 633.691 BTC ($62.05 million), 557.457 BTC ($54.59 million), and 549.336 BTC ($53.79 million). All funds have been transferred to multiple new addresses, and the specific purpose is not yet clear.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.

APR up to 10%. Always on, always get airdrop.

Lock now!

Strategy reported a Q4 net loss of $670.8 million, largely due to a $1 billion impairment on its bitcoin holdings, while increasing its BTC reserves to a record 471,107 BTC.With a recent accounting change allowing unrealized bitcoin gains to be recognized, analysts suggest MSTR could be on track for S&P 500 inclusion.

The Block•2025/02/07 19:00

The Daily: Cboe BZX files to list XRP ETFs, BlackRock increases Strategy ownership to 5% and more

Cboe BZX Exchange filed 19b-4 forms with the Securities and Exchange Commission late Thursday to list and trade spot XRP ETFs for Bitwise, 21Shares and Canary Capital.Asset management giant BlackRock has increased its ownership stake in Strategy (formerly MicroStrategy) from 4.09% to 5%, according to a Schedule 13G filing with the SEC.

The Block•2025/02/07 19:00