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54d 5h ago
Grayscale Deposits 1,856 Bitcoin (~$205.8M) to Coinbase Prime on Oct. 14 — Also Moves 29,718 ETH & 10,516 SOL
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COINOTAG reported on October 14 that on-chain tracker Lookonchain recorded a sizable institutional move as Grayscale deposited assets into Coinbase Prime. The transfers consisted of roughly 1,856 Bitcoin (≈$205.8 million), 29,718 Ethereum (≈$151.2 million) and 10,516 SOL (≈$2 million). These verified on-chain deposits represent a noteworthy liquidity reallocation by a major digital asset manager and contribute to observable trends in institutional crypto inflows. Custody and market structure analysts can leverage this transparent data to inform liquidity and risk assessments without inferring specific trading intentions.
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