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.
You may also like
Intuit’s AI Premium Encounters a Reality Test—Will the Surge Align with Performance?
Palomar’s Projected Casualty Growth and 24% Profit Increase Indicate Potential Institutional Buying Opportunity
Institutional Whale Wallets Load Up on CARGurus as Insiders Cash Out—Timing the Buy-the-Dip Setup
PEGA Shares Jump After Introduction of Vibe Coding Assistant within Pega Blueprint
Trending news
MoreCrypto prices
More
