Yujin: It is expected that 10,850 BTC will be withdrawn from grayscale GBTC tonight
2024/01/25 12:37
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According to the residual monitoring, based on the inflow/outflow of funds for 1/24 BTC spot ETF, it is estimated that there will be a transfer of approximately 17,670 BTC to various ETF custody addresses after the opening of the US stock market: Among them, approximately 10,850 BTC will flow out from Grayscale GBTC custody address; the remaining nine ETF custody addresses will receive approximately 6,820 BTC. Therefore, the overall net outflow is 4,030 BTC with a value of approximately $159 million.
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