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CryptoQuant founder: GBTC will continue its current reduction rate or will return to zero in mid-March

CryptoQuant founder: GBTC will continue its current reduction rate or will return to zero in mid-March

CointimeCointime2024/01/25 12:54
By:Cointime

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.

0

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.

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