CryptoQuant founder: GBTC will continue its current reduction rate or will return to zero in mid-March
Ki Young Ju, founder and CEO of CryptoQuant, wrote on X platform that the Grayscale Bitcoin Trust (GBTC) holdings have decreased by 15% in the past seven days. If this trend continues at this rate, it is expected that GBTC will reach zero in mid-March this year. Ki Young Ju also questioned Grayscale's plan to reduce GBTC holdings.
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
Bitcoin Clings to $74K: Analyzing BTC’s Ability to Ward Off Further Decline
Stability at $74K: How 50,000 BTC Holders are Supporting Bitcoin's Resistance Against Further Dips
Donald Trump’s Memecoin to Face $320 Million Token Unlock as Price Dips
33% of French looking to buy crypto in 2025 but Italians are even more bullish
Share link:In this post: A third of French people intend to purchase cryptocurrencies this year. New study shows Italians as most bullish among surveyed nations in Europe. The crypto sector’s growing legitimacy helps attract more investors, researchers say.
Spanish Police End Crypto Scam Ring That Used AI to Swipe $21 Million From Investors
Trending news
MoreCrypto prices
More
