- According to Wu Blockchain, Grayscale holds 496,573.8166 BTCs as of January 29.
- Lookonchain cites a Grayscale deposit of $4.91 billion of BTCs to Coinbase (NASDAQ:COIN).
- Grayscale’s GBTC outflow is also slowing down, with today’s mark of $191.7 million.
The latest data revealed that the financial giant Grayscale holds 496,573.8166 Bitcoins as of January 29. According to the Chinese reporter Wu Blockchain, Grayscale has sold a staggering 120,500 BTC, equivalent to almost $5.508 billion, since the Spot Bitcoin ETF approval on January 11.
As of January 29, 2024, the number of Bitcoins held by Grayscale was 496,573.8166. Additionally, GBTC’s AUM is approximately $21.431 billion. After the spot ETF passed, Grayscale users sold a total of 120,500 BTC, which is equivalent to approximately $5.508 billion.…— Wu Blockchain (@WuBlockchain) January 30, 2024
Reportedly, Grayscale’s sell-offs are slowing down after the giant deposited a total of $4.91 billion worth of Bitcoin to Coinbase. Lookonchain, a prominent crypto analytics platform, took to X to share insights on Grayscale’s most recent transfer of 6,534 BTC ($274.95 million) to Coinbase Prime, the exchange’s f…
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