Blockchain analytics platform Arkham Intelligence claims to have recognized the addresses of the Grayscale Belief. The belief consists of greater than 1,750 addresses holding a complete of over $16 billion value of Bitcoin (BTC), in line with a Sept. 6 thread on X (previously Twitter). Arkham claimed that Grayscale is “the 2nd largest BTC entity globally.”
The Grayscale Bitcoin Belief holds over $16 billion in BTC. Its issuer, Grayscale, is presently battling with the U.S. Securities and Change Fee because it makes an attempt to rework the belief into an exchange-traded fund.
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