Grayscale address transfers 4,457 BTC, worth over $360 million

Odaily News According to on-chain data, Grayscale has just transferred large amounts of Bitcoin (BTC) to multiple addresses, with a total amount of over $360 million, involving 4,457 BTC. The largest single transfer amount reached 694.019 BTC (about $67.96 million), and other large transactions included 692.684 BTC (67.83 million), 633.691 BTC (62.05 million), 557.457 BTC (54.59 million), 549.336 BTC (53.79 million), etc. All funds were transferred to multiple new addresses, and the specific purpose is still unclear.