3 percent of all Bitcoin: Grayscale Investment continues to invest
- 16.244 coins are owned by the crypto hedge fund Grayscale
- The total stock of cryptocurrencies has increased by 10 percent in the last few months
On January 18, 2021, the crypto hedge fund Grayscale carried out the largest Bitcoin purchase in history to date: With 16.244 Bitcoin, the daily limit of coins that can be generated per day by mining is clearly exceeded - currently one is at 900 Bitcoin / day.
Crypto investments are managed by eToro (Europe) Ltd. offered and the custody is carried out by eToro Germany GmbH. Your capital is at risk.
This means that it would take the miners 18 days to produce the amount that Grayscale bought. In the last 30 days, Graysacle has bought more than 60.000 coins of the cryptocurrency.
Investors believe that the Bitcoin price will rise
According to Grayscale, it manages assets of 27,1 billion US dollars - 23 billion US dollars were invested in the crypto currency Bitcoin. So clearly shows that the big investors still believe in more bull runs of the cryptocurrency.
At the current time, the Bitcoin price is between 35.000 US dollars and 38.000 US dollars.
Crypto investments are managed by eToro (Europe) Ltd. offered and the custody is carried out by eToro Germany GmbH. Your capital is at risk.
Summary
It may have become calm, but the observer knows that it could also be the calm before the storm. Will another bull run follow soon, which could drive the Bitcoin price towards 42.000 US dollars or is it going back towards 30.000 US dollars? The next few days will bring the clarification.
