Grayscale Transfers 2,560 BTC and 8,091 ETH to Coinbase Prime

Grayscale transferred approximately 2,560 BTC, worth around $214 million, and approximately 8,091 ETH, worth around $22.5 million, to Coinbase Prime over a 25-minute period on November 21, Arkham data show. The transfers involved both Bitcoin and Ethereum holdings moving to the institutional custody platform.