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Arkham Intelligence Reveals Addresses of Grayscale Bitcoin Trust with $16 Billion Worth of BTC

Algoine News
Summary:
Blockchain analytics platform Arkham Intelligence claims to have identified the addresses of the Grayscale Bitcoin Trust, which holds over $16 billion worth of BTC. This comes after Grayscale has faced criticism for not disclosing its wallet addresses. Arkham has revealed five addresses connected to the trust, with the first three holding approximately $51 million worth of BTC.
Blockchain analytics platform Arkham Intelligence has reportedly identified the addresses of the Grayscale Bitcoin Trust, which holds over $16 billion worth of Bitcoin (BTC). Grayscale, the trust's issuer, has faced criticism for not disclosing the addresses of its wallets. However, Arkham has revealed five addresses connected to the trust, with the first three holding approximately $51 million worth of BTC. Despite controversy surrounding Arkham's information-sharing practices, the platform's CEO maintains that they are simply trying to level the playing field between major institutions and smaller players in the cryptocurrency space.

Published At

9/6/2023 8:46:37 PM

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