Grayscale transfers 296 BTC, worth $20.86M, to Coinbase Prime

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Grayscale Bitcoin Trust transferred 296 BTC, valued at $20.86 million, to a Coinbase Prime address, according to Arkham data. This BTC movement follows recent activity amid ongoing discussions around inflation data. Separately, Grayscale’s Avalanche Trust sent 27,731 AVAX tokens to an external wallet.

ChainCatcher report, according to Arkham monitoring, Grayscale transferred approximately 296 BTC to a Coinbase Prime address via its Grayscale Bitcoin Trust fund, valued at around $20.86 million. Additionally, Grayscale’s Avalanche Trust fund transferred 27,731 AVAX tokens to a separate address.

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