#FIL The well-known currency circle fund Grayscale has gradually increased its position in $FIL since March 23. The picture below is its position increase track. As of today, March 28, Grayscale’s position in fil has increased from the historical 103,300 to 282,200. coins, it seems that the position will continue to be increased. At the same time, Grayscale has also added positions to the altcoin #XLM #BAT #LINK #MANA , which it has been holding, so FIL is only one of its positions. For some mainstream currencies, such as BTC, ETH, ETC, BCH, LTC, etc., Grayscale is continuously reducing its positions, especially BTC and ETH, and has made obvious profit taking.

The author is wondering, is Grayscale's plan for these altcoins that have added positions to cover their positions, lower costs, and wait for the peak of this bull market before taking profits?

In general, Grayscale still has to make money, otherwise how could it possibly cover its position? It also shows that major institutions still believe that altcoins are about to enter a rising mode, and the future is promising. As for how much they will rise, there is no way to predict. Pay more attention in the future. As long as big institutions start to reduce their positions, then our little leeks will get off the bus quickly!