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Grey releases nearly 400 BTC and 6,562 ETH to Coinbase

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2025-05-16 13:43:42
On May 16, the data on the chain showed that the grey release Bitcoin Trust address transferred a total of 378.63 BTC to Coinbase Prime at 21:07 (Beijing time) today, equivalent to about 39.24 million US dollars at the current price, involving two transaction addresses.
The grey release address also transferred a total of 6,562 ETH to Coinbase at 21:27, which is approximately $17.10 million at current market capitalization. Of these, 1,495 ETH (approximately $3.90 million) and 5,067 ETH (approximately $13.20 million) were transferred to the two unknown addresses at 21:24. In addition, the grey release address also transferred a total of 13,070 ETH (valued at approximately $34.05 million) to the two unknown addresses.
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