Speculative guess: Massive @CoinbasePro outflows = OTC deals It looks like massive Coinbase outflows usually go to their new cold wallet for custody/OTC that held 6000-8000 $BTC. Greyscale uses GenesisTrading for buying Bitcoins, and GenesisTrading uses Coinbase Custody.

Speculative guess:
Massive @CoinbasePro outflows = OTC deals

It looks like massive Coinbase outflows usually go to their new cold wallet for custody/OTC that held 6000-8000 $BTC.

#Greyscale uses #GenesisTrading for buying Bitcoins, and #GenesisTrading uses Coinbase Custody. https://t.co/iFobwtf1gK

Source

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Bitcoin (BTC) $ 38,793.39 1.17%
Ethereum (ETH) $ 2,105.70 0.89%
Litecoin (LTC) $ 71.66 1.03%
Bitcoin Cash (BCH) $ 227.24 1.60%