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GrayScale Bitcoin Trust Stocks Have Predicted Bitcoin Dump

  • November 27, 2020

On November 25, while the Bitcoin price decreased only by -5% the quotes of Grayscale Bitcoin Trust (manages over 500k BTC or over $10 billion), dropped by -11.7%.

But the next day, the BTC price collapsed heavily: Bitcoin has lost about $3,000 or almost -15%. Based on that, it looks like Wall Street predicted the upcoming BTC correction.

Noteworthy is that for the last 7 days Grayscale’s crypto assets under management have enlarged by 16,210 BTC or +$275M.


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