! ! Breaking news ! !
! ! Eye-popping ! !
On June 26, Grayscale made a remarkable move, reducing its holdings by as many as 1,539 bitcoins in one fell swoop,
which is worth a staggering $950 million!
Even so, Grayscale still holds 276,000 bitcoins, with a market value of about $17 billion. Is there a major trend in the entire market behind this reduction? It is really thought-provoking.
However, in sharp contrast, Fidelity chose to actively increase its holdings! On the same day, Fidelity significantly increased its holdings by 765 bitcoins, with a value of $47.27 million.
As of now, the total amount of bitcoins held by Fidelity has soared to 1.675 million, and its market value is close to $10.4 billion! It can be seen that Fidelity seems to be full of firm confidence in the future prospects of Bitcoin!
📉ETF reduction episode📉
It is worth mentioning that on that day, 9 Bitcoin ETFs reduced their holdings by a total of 214 Bitcoins, worth about 13.24 million US dollars. Does this small episode indicate some subtle changes in the market that are not easy to detect? Is it a short-term fluctuation adjustment or a subtle signal of a long-term trend? All this needs to be answered by further development of the market!
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