May 12, 2025

Grayscale Sends 110,867 ETH Worth $358,000,000 to Coinbase Prime As Ethereum Corrects

1 min read

Digital assets manager Grayscale sent $358 million worth of Ethereum (ETH) to a Coinbase Prime deposit address, according to blockchain “de-anonymizing” service Arkham. Arkham’s data shows Grayscale sending 110,867 ETH in a series of transactions to Coinbase’s institutional arm, presumably to sell on the open market. At the same time, Ethereum has weathered a price The post Grayscale Sends 110,867 ETH Worth $358,000,000 to Coinbase Prime As Ethereum Corrects appeared first on The Daily Hodl .

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