Grayscale will exhaust its Bitcoin holdings in 96 days
Arkham data monitoring shows that since GBTC was traded as an ETF on January 11, Grayscale has transferred 266,470 Bitcoins out of the wallet for GBTC redemption. At the current rate of redemptions, GBTC will exhaust its Bitcoin holdings in 96 days.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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