Transfer of 579 million US dollars worth of Bitcoin to Coinbase Prime; Continuous outflow of funds from GBTC
According to Arkham data, Grayscale transferred 14,487 BTC (approximately $579 million) to Coinbase Prime on the evening of January 24th, as well as 4,750 BTC (approximately $189.8 million) to a new wallet.
Since the ETF approval, GBTC has transferred a total of 93,700 BTC, equivalent to $3.85 billion, to Coinbase Prime.
Looking back at the previous trading day, due to the significant outflow of GBTC, the overall ETF experienced a net outflow of $106 million on the eighth day.
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