According to TechFlow, based on the on-chain data analysis platform Arkham, Grayscale transferred 700 bitcoins, worth approximately US$38.82 million, to the Coinbase Prime address 20 minutes ago.

At the same time, Grayscale also transferred 635,497 bitcoins worth about $35.24 million to an unmarked address. The two transactions transferred a total of 1,335,497 bitcoins, with a total value of more than $74 million.