The on-chain holdings of GBTC differ from the disclosed off-chain reserves by approximately 19,500 BTC
According to a tweet by fenKi Young Ju, the founder of CryptoQuant, there is a difference of about 19,500 BTC between the on-chain holdings of GBTC and the disclosed off-chain reserves. This may indicate that GBTC is facing continued selling pressure.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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