Grayscale Ethereum Trust transferred 6241 ETH to CEX 6 hours ago

According to monitoring by on-chain analyst @ai_9684xtpa, about six hours ago, the Grayscale Ethereum trust address became active again after three months, transferring 6241 ETH to Coinbase Prime Custody address 0xf7E...B99a6, worth 21.89 million Dollar. Grayscale Ethereum Trust was established in March 2019 and submitted an application to the SEC last year to convert the Ethereum Trust into a spot ETF.