Grayscale Transfers BTC and ETH to Coinbase, Suspected Continued Liquidation

According to on-chain data tracking, Grayscale's Bitcoin Trust and Ethereum Trust transferred a batch of BTC and ETH to Coinbase exchange in the past 20 minutes, suspected to continue asset selling operations.

Transfer details are as follows:

323.449 BTC, total value approximately 33.55 million USD, average transfer price per coin is 103,725 USD

3905 ETH, total value approximately 9.87 million USD, average transfer price per coin is 2,527 USD