Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
Isn't it $40b? It shouldn't take that long I don't think, maybe another month or two? Especially if the selling continues to increase.
Can someone remind me how much Bitcoin GBTC had to begin with, how much they've sold already? Want to calculate what the timeframe is looking like.
Ironically without GBTC outflows, there basically are no outflows, even if lower inflows at present, which speaks volumes...
The sooner that GBTC is flushed out the market the better.
Can someone remind me how much Bitcoin GBTC had to begin with, how much they've sold already? Want to calculate what the timeframe is looking like.
Ironically without GBTC outflows, there basically are no outflows, even if lower inflows at present, which speaks volumes...
The sooner that GBTC is flushed out the market the better.
At the time of approval of the spot ETFs, Grayscale had just over 600 000 BTC, and according to the data I am looking at today, it has about 368 000 BTC - which means that their bag is still quite full. It seems that a few more months will pass until they sell everything they have planned.
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