The on-chain holdings of GBTC differ from the disclosed off-chain reserves by approximately 19,500 BTC
According to a tweet by fenKi Young Ju, the founder of CryptoQuant, there is a difference of about 19,500 BTC between the on-chain holdings of GBTC and the disclosed off-chain reserves. This may indicate that GBTC is facing continued selling pressure.
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
In the past 7 days, only 5 public blockchains had fee revenues exceeding $1 million.
Data: If ETH falls below $2,882, the total long liquidation volume on major CEXs will reach $962 millions.
Musk: Grok is open-source software, anyone can use it for free
150 BTC transferred from an anonymous address to an exchange
Trending news
MoreCrypto prices
More
