Wednesday, March 31, 2021

GBTC - Institutions dumping Bitcoin in OTC

Learn about Grayscale and why one month trading at a discount of GBTC is not bullish.

https://read.cash/@Pantera/gbtc-institutions-dumping-bitcoin-in-otc-464cb004

GBTC has been trading at prices averaging 10% lower from the market price of BTC. This event leads me to believe that massive dumping by institutions is ongoing and the discount will create a negative outlook for BTC soon.


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