Grayscale Deposits 1,863 BTC Into Coinbase, Worth About $124 Million

Odaily reported that, according to monitoring by Onchain Lens, Grayscale deposited 1,863 BTC into Coinbase. Based on current prices, the transfer is valued at approximately $123.66 million, or about $124 million.

The on-chain update identifies Grayscale and Coinbase as the entities involved and provides the core transaction figures: 1,863 BTC and an estimated current value of around $123.66 million. The monitored information only states that the BTC was deposited into Coinbase from Grayscale.