Grayscale Ethereum Transfer Sparks Curiosity in Institutional Crypto Market

Institutional crypto activity is always buzzing with movement, and recent on-chain data has caught the attention of market watchers. A significant transfer of Grayscale Ethereum to Coinbase Prime has raised eyebrows as it offers a glimpse into how large players are managing their assets. 3,909 ETH worth approximately $6.95 million was recently moved from a wallet potentially connected to Grayscale to Coinbase Prime.