Grayscale deposits $35.9M in BTC and LINK into Coinbase Prime

Grayscale deposited 572.9 BTC worth $35.9 million and 44,320 LINK worth $391,000 into Coinbase Prime, Onchain Lens reported. While transfers to exchanges are typically interpreted as a sign of potential selling, Coinbase Prime is a prime brokerage platform that provides trading, custody and financing services for institutional investors, leaving open the possibility of other uses.