Grayscale moves $387 million in Bitcoin to Coinbase in possible redemption play

Quick Take Just before the U.S. market opened on Jan. 16, Grayscale, the world’s largest digital currency asset manager, initiated a significant transfer to Coinbase. The transactions involved shifting 9,000 BTC across nine separate transactions, each valued at around $43.7 million, towards a Coinbase Prime hot wallet, for a total of $387 million, according to […] source: https://cryptoslate.com/insights/grayscale-moves-387-million-in-bitcoin-to-coinbase-in-possible-redemption-play/