Grayscale Makes a Massive Move: $911M in #bitcoin Leaves the Vault

In a notable on-chain shakeup, Grayscale Bitcoin Trust (GBTC) moved a staggering 9,645 $BTC , valued at approximately $911.3 million, just six hours ago.

The transfer originated from their well-known address:

1Lyb3Nkc6XDTHxurFf9FcaSzBqc46ZCqBY

While the destination remains undisclosed, such a large-scale movement often hints at institutional rebalancing, OTC deals, or strategic custody shifts.

Market watchers are keeping a close eye—after all, when Grayscale makes a move, it’s rarely without consequence.