🚨 Grayscale shocking!
GBTC Bitcoin holdings fell below the 280,000 mark. How does the market respond to this "coin" shock?
🔥 According to ChainCatcher's authoritative report, Grayscale's official data shows that as of June 20, the holdings of the familiar GBTC (Grayscale Bitcoin Trust) have actually fallen below the important mark of 280,000 Bitcoins!
📉 Yes, you heard it right! Now GBTC's holdings have dropped to 279,330.4741 BTC, which is a big number! At the same time, GBTC's circulating shares have also dropped to 314,430,100 shares. Although the asset management scale (non-GAAP) is still US$18.1 billion, this wave of declines is also worrying.
💭 Having said that, Grayscale has always been an important participant in the Bitcoin market, and changes in its holdings often trigger market fluctuations. This time GBTC's holdings fell below 280,000, which undoubtedly brought new uncertainties to the market.