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"GBTC Outflows Exceed $358 Million, Yet Emerging Theory Suggests Downtrend Nearing ...

Retrieved on: 2024-03-22 09:10:48

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Summary

The article discusses significant asset outflows from Grayscale’s GBTC, driven by the liquidation efforts of bankrupt firms like FTX. Analyst Eric Balchunas suggests the trend may end soon, as sales support the Bitcoin market.

Article found on: blockchainmagazine.net

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