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Grayscale, a major player in crypto asset management, has witnessed a significant drop in its Bitcoin holdings.
A recent report from Matrixport highlights a significant drop in Bitcoin’s value this morning due to the liquidation of long positions.
Publicly traded companies have dramatically increased their Bitcoin holdings from $7.2 billion to $20 billion over the past year, marking a near 200% rise.
Billy Markus, co-creator of Dogecoin and known on X (formerly Twitter) as Shibetoshi Nakamoto, often engages with social issues and crypto commentary through humor and memes.
Bitwise Bitcoin ETF (BITB) will receive $120 million in Bitcoin as part of a plan to acquire the assets of Osprey Bitcoin Trust (OBTC).
Recent data from the chain shows that long-term Bitcoin holders (LTH) have increased their dominance, suggesting a growing conviction to hold onto their assets.
U.S. spot Bitcoin exchange traded funds saw net outflows on Tuesday, ending an eight-day streak of positive results, according to Farside.