According to data from Arkham Intelligence, the coins moved in batches of 1,000 just after 14:30 UTC (when the U.S. stock market opened following the three-day weekend).
The outflows resulted in Grayscale selling 2,000 bitcoin last week, a number that for now has risen to 11,000 and taken GBTC's holdings to below 610,000 BTC.
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