Greyscaleov $ 69 million Bitcoin transfer Sparks market

The recent broadcast of Bitcoin Greyscale of 696,821 BTC, worth $ 69.48 million, in Coinbase Prime has aroused tension in the crypto community. Arkham’s tracking revealed movement with Greyscale’s address of the Coinbase deposit into his hot wallet. Unlike the previous transfers during Bitcoin prices, this shift comes in the middle of the lower market, asking questions about the Grayscale Strategy. A sudden move has encouraged speculation about potential sales or strategic adjustments, leaving investors with careful on its influence on Bitcoin’s price and market dynamics.