• About
  • Landing Page
  • Buy JNews
Newsletter
Bitcoin Press UK
  • Home
  • Bitcoin
  • Ethereum
  • Regulation
  • Market
  • Blockchain
  • Business
  • Guide
No Result
View All Result
  • Home
  • Bitcoin
  • Ethereum
  • Regulation
  • Market
  • Blockchain
  • Business
  • Guide
No Result
View All Result
Bitcoin Press UK
No Result
View All Result
Home Guide

Grayscale Bitcoin Trust’s alleged wallet addresses released by Arkham

Editorial Team by Editorial Team
September 6, 2023
in Guide
0
Grayscale Bitcoin Trust’s alleged wallet addresses released by Arkham

#image_title

189
SHARES
1.5k
VIEWS
Share on Facebook Share on Twitter

Blockchain analytics platform Arkham Intelligence claims to have identified the addresses of the Grayscale Bitcoin Trust. The trust consists of more than 1,750 addresses holding a total of over $16 billion worth of Bitcoin (BTC), according to a Sept. 6 thread on X (formerly Twitter). Arkham claimed that Grayscale is “the 2nd largest BTC entity globally.”

Breaking: Arkham has identified the Grayscale Bitcoin Trust’s holdings on chain.

It is the 2nd largest BTC entity globally, holding >$16B of BTC.

Though Grayscale publicly reports balances, they have refused to identify the on-chain addresses of the trust. https://t.co/uEN4kNldpm pic.twitter.com/p9GfrthoKR

— Arkham (@ArkhamIntel) September 6, 2023

The Grayscale Bitcoin Trust holds over $16 billion in BTC. Its issuer, Grayscale, is currently battling with the U.S. Securities and Exchange Commission (SEC) as it attempts to transform the trust into an exchange-traded fund (ETF).

Related articles

What is the most secure bitcoin wallet?

What is the most secure bitcoin wallet?

November 16, 2023

Canadian Lawmakers Advocate for Blockchain Technology

October 6, 2023

Members of the Bitcoin community have long speculated about where Grayscale keeps its huge stockpile of BTC. Grayscale has so far refused to provide the addresses of its wallets, citing “security concerns.” Some Twitter users have criticized Grayscale for not releasing the addresses, accusing them of carrying less Bitcoin than they claim.

A search for “Grayscale Bitcoin Trust” within Arkham on Sept. 9 revealed the following five addresses:

  1. 16vd2YfcGK9mw3GZXzL5o23m7gdBGXKHNz
  2. 1GRGfd3TtBA2vMjoHH3hVpE6CRx5nZ1YJp
  3. 15gioFeKnUjerTQ9LYNreW3Bt9kn9xrTU4
  4. 1DtdMtJL2zggkoFPDbEbM2Ja1EYH8LeH9B
  5. 1CU9gusmCCfCjsmGatxbzvXLqoisgnaV9n

The first three addresses hold roughly $51 million worth of Bitcoin in total, according to Arkham. The last two hold no funds but do show transactions coming from other Grayscale Bitcoin Trust addresses, including 1L8k2SD9sdTTzdDxA19QdobLbUyKyV2RVi and 1CS1M4oVbcFnZjZ5hU5bk6vLi2Q5VSsmpX. Arkham does not provide a full list of addresses for the Grayscale entity, but it does label each Grayscale address clearly as part of the transaction history of each wallet.

Related: Vivek Ramaswamy: Grayscale win ‘clears a path’ for Bitcoin innovation

Grayscale’s entity page on Arkham shows it is carrying 627,779,000 BTC valued at over $16 billion.

Grayscale Bitcoin holdings. Source: Arkham.

This is similar to the amount claimed on Grayscale’s website, implying that it does have enough Bitcoin to satisfy withdrawals. 

Arkham has often come under criticism for revealing private information about blockchain users, as some Twitter users have labeled it a “snitch-to-earn” platform. However, the platform’s CEO has argued the company is only trying to even the playing field between big institutions and smaller players who would otherwise lack information.

Share76 Tweet47

Related Posts

What is the most secure bitcoin wallet?

What is the most secure bitcoin wallet?

by Satoshi Nakamoto
November 16, 2023
0

Cryptocurrency wallets are essential for protecting your digital assets. Custodial wallets, offered by cryptocurrency exchanges, are not as secure as...

Canadian Lawmakers Advocate for Blockchain Technology

by Editorial Team
October 6, 2023
0

The Canadian House of Commons Parliamentary Standing Committee on Industry and Technology recently released a detailed report endorsing blockchain technology....

Enhancing Security: Corytech’s Strategic Enhancement of AML and KYC Compliance Measures

Enhancing Security: Corytech’s Strategic Enhancement of AML and KYC Compliance Measures

by Editorial Team
November 17, 2023
0

Corytech, a leading paytech solutions provider, is committed to upholding the highest standards in AML (Anti-Money Laundering) and KYC (Know Your Customer)...

Crypto Markets Falling Once Again

Crypto Markets Falling Once Again

by Editorial Team
October 6, 2023
0

Metapro's unique approach combines digital game assets and NFTs to provide game developers and players with an enhanced experience.I'm glad...

How I’d invest a £20k ISA today for a second income in 2024

How I’d invest a £20k ISA today for a second income in 2024

by Editorial Team
October 5, 2023
0

Image source: Getty ImagesOne of my preferred ways to earn a second income is by owning dividend shares. Having some...

Load More
  • Trending
  • Comments
  • Latest

Is BlackRock Secretly Influencing Bitcoin Price? Here’s the Truth.

September 19, 2023
Crypto casinos: The new ‘Wild West’ hooking gamblers

Crypto casinos: The new ‘Wild West’ hooking gamblers

September 19, 2023

This Week's Crypto Snapshot: TIA and YFI Soar; GAS, TRB, MKR … – Bitcoin.com News

November 17, 2023

Critics Alarmed as 2 Major Mining Pools Dominate Over 50% of … – Bitcoin.com News

November 17, 2023

How to Increase the CRT ?

0

Theme with seo optimization

0

Increase the theme speed by seo optimization

0

Promote the theme by google adsense

0
Germany Bitcoin Price Surge

Germany’s Crypto News Spurs 4.5% Bitcoin Price Surge Amidst Recovery

November 21, 2023
Crypto Market Update

Crypto Market Update: Altcoins Waver as Bitcoin Dominance Hits 51.6%

November 21, 2023
Crypto Funds Inflows

Crypto Funds Gain Traction: Inflows Surge for BTC, ETH, ADA

November 21, 2023
Bitcoin Options Record

Bitcoin Options Boom: Deribit Hits Record $15B Open Interest

November 21, 2023
  • About
  • Contact Us

© 2021 BitcoinPress

No Result
View All Result
  • Contact Us
  • Homepages
  • Business
  • Guide

© 2021 BitcoinPress