According to The Data Nerd, Grayscale deposited 30,052 ETH (~$67.54M) to Coinbase 12 hours ago. Currently, Grayscale still holds 1.752M ETH (~$3.79B) in its wallet. This significant movement could indicate a strategic reallocation or preparation for market activities, as observed by on-chain data analysts.

According to KookCapitalLLC, they have completed their work early today, as mentioned in their tweet on March 6, 2025. This could imply a positive development in their operational efficiency or project completion timelines, potentially affecting their market activities or trading strategies.