Grayscale has transferred $358 million worth of Bitcoin, Ethereum, and Solana to Coinbase Prime, amid a broader market downturn. On October 14, 2025, the company deposited 1,856 BTC, 29,718 ETH, and 10,516 SOL from its Bitcoin Trust, Ethereum Trust, and Digital Large Cap portfolios. This move has sparked speculation about potential further price declines. Following the deposits, Bitcoin, Ethereum, and Solana experienced modest price drops of 2.13%, 1.70%, and 0.13%, respectively. The market reaction highlights ongoing volatility and investor concerns in the crypto space.
Grayscale Deposits $358M in Crypto to Coinbase Amid Market Slump
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