Grayscale Transfers 700 BTC To A New Address

According to BlockBeats, on June 14, Grayscale moved 700 BTC, equivalent to approximately 46.94 million USD, to a new address. The transfer was completed 44 minutes prior to the report. Grayscale, a digital currency investment project, has not yet disclosed the reason for this significant transfer. The company's actions often have a substantial impact on the cryptocurrency market, and this move is expected to draw attention from investors and market analysts. Further details about the transfer and its potential implications for the market are yet to be revealed.