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
Sui joins OpenAssets, targets $1.25-$1.40 resistance amid tokenization push
Nike Restructures Its Organization, The Era of Greater China’s Independence Will Become History
Starting from fiscal year 2028, Nike's organizational chart will no longer feature a separate Greater China region. On October 1, Nike disclosed its financial report for the 20... ending in August.
SUI Stair-Step Pattern Repeats — +128% Already, Next Leg Targets $1.60
Hitting the brakes, but OpenAI seeks another $200 billion in funding
Crypto prices
More
