Grayscale Transfers Massive Ethereum Chunk, Potentially Signaling Strategy Shift

Grayscale’s recent transfers of 25,600 ETH, worth approximately $115 million, to the BatchDeposit address suggest a potential shift in their asset management strategy. The company has been transferring funds steadily over the last few hours, with each transaction representing approximately $14.43 million. These moves align with Grayscale’s ongoing work in managing Ethereum-related investment products and could indicate upcoming changes or rebalancing within their offerings.