The data shows that 66,000 Bitcoin have flowed out of grayscale, but at the same time other ETFs are flowing in at the same time. GBTC investors held back for more than three years, 1.5% management fee, early users who were locked in it because of too long to flee and move positions, last year negative premium bought users profit-taking, from many aspects, GBTC Holdings exit is the best choice at this stage, almost one. The 580,000 Big Pie of Grayscale looks terrible, but the actual outflow is limited, and it will certainly experience a turbulent turnover period in the short term. The selling pressure is expected to be released within 1 month before it reaches a long-short equilibrium with the inflow. BTC is like this, someone comes and someone goes, and the chips are nothing more than transferred from the hands of desperate retail investors, miners who sell cakes to buy mining rigs, and grayscale, to investors who trust it more! So don't be afraid, this time the fall must be for a better rise!
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Reproduced
The data shows that 66,000 Bitcoin have flowed out of grayscale, but at the same time other ETFs are flowing in at the same time. GBTC investors held back for more than three years, 1.5% management fee, early users who were locked in it because of too long to flee and move positions, last year negative premium bought users profit-taking, from many aspects, GBTC Holdings exit is the best choice at this stage, almost one.
The 580,000 Big Pie of Grayscale looks terrible, but the actual outflow is limited, and it will certainly experience a turbulent turnover period in the short term. The selling pressure is expected to be released within 1 month before it reaches a long-short equilibrium with the inflow.
BTC is like this, someone comes and someone goes, and the chips are nothing more than transferred from the hands of desperate retail investors, miners who sell cakes to buy mining rigs, and grayscale, to investors who trust it more!
So don't be afraid, this time the fall must be for a better rise!