Grayscale transfers 296 BTC worth over $20M to Coinbase Prime

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Grayscale Bitcoin Trust transferred 296 BTC to a Coinbase Prime address, valued at $20.86 million, according to BTC News today. The transfer coincided with a separate movement of 27,731 AVAX tokens from Grayscale’s Avalanche Trust to an independent address. The BTC update underscores continued activity within the firm’s trust portfolio.

Odaily Planet Daily reports, 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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