Grayscale Transfers 1,327.81 BTC Valued at $121 Million to Coinbase Prime on January 7

On Jan. 7, Grayscale transferred about 1,327.81 Bitcoin (BTC), worth roughly $121 million, to Coinbase Prime, according to Arkham data. The six-minute transaction is closely watched by market participants, as such transfers often reflect operational moves tied to Grayscale Bitcoin Trust or broader institutional liquidity management, offering insight into large-scale crypto asset flows.