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Grayscale $BITCOIN$ Trust’s alleged wallet addresses released by Arkham.
The blockchain analytics firm claims Grayscale is the world's second-largest $BTC$ entity.
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 $25,761, according to a Sept. 6 thread on X (formerly Twitter). Arkham claimed that Grayscale is “the 2nd largest BTC entity globally.”
The Grayscale Bitcoin Trust holds over $16 billion in BTC. Its issuer, Grayscale, is currently battling with the U.S. Securities and Exchange Commission as it attempts to transform the trust into an exchange-traded fund.
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 X users have criticized Grayscale for not releasing the addresses, accusing it of carrying less Bitcoin than it claims.
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