ChainCatcher reported, citing Arkham monitoring, that Grayscale deposited a total of 19,548 ETH to Coinbase Prime within the past hour. The amount was valued at approximately $32 million in the report.
The on-chain movement involved Ethereum and was directed to Coinbase Prime. Arkham’s monitoring information identified the sending entity, the receiving platform, the token amount, and the dollar valuation, while the report did not disclose any further use of the ETH after the deposit.
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