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<ul class="news-points"> 
 <li><strong>According to Wu Blockchain, Grayscale holds </strong><strong>496,573.8166</strong><strong> BTCs as of January 29.</strong></li> 
 <li><strong>Lookonchain cites a Grayscale deposit of $4.91 billion of BTCs to Coinbase.</strong></li> 
 <li><strong>Grayscale’s GBTC outflow is also slowing down, with today’s mark of $191.7 million.</strong></li> 
</ul> 
<p>The latest data revealed that the financial giant Grayscale holds 496,573.8166 Bitcoins as of January 29. According to the Chinese reporter Wu Blockchain, Grayscale has sold a staggering 120,500 BTC, equivalent to almost $5.508 billion, since the <a href="https://coinedition.com/bitcoin-etfs-explained-everything-you-need-to-know/" target="_blank" rel="noreferrer noopener">Spot Bitcoin ETF</a> approval on January 11.</p> 
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   <p lang="en" dir="ltr">As of January 29, 2024, the number of Bitcoins held by Grayscale was 496,573.8166. Additionally, GBTC’s AUM is approximately $21.431 billion. After the spot ETF passed, Grayscale users sold a total of 120,500 BTC, which is equivalent to approximately $5.508 billion.…</p>— Wu Blockchain (@WuBlockchain) <a href="https://twitter.com/WuBlockchain/status/1752158685567299833?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">January 30, 2024</a>
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<p>Reportedly, Grayscale’s sell-offs are slowing down after the giant deposited a total of $4.91 billion worth of Bitcoin to Coinbase. Lookonchain, a prominent crypto analytics platform, took to X to share insights on Grayscale’s most recent transfer of 6,534 BTC ($274.95 million) to Coinbase Prime, the exchange’s f…</p>
<p>The post <a href="https://coinedition.com/grayscale-holds-490k-bitcoins-btc-sell-off-slows-down/">Grayscale Holds 490K+ Bitcoins, BTC Sell-Off Slows Down</a> appeared first on <a href="https://coinedition.com">Coin Edition</a>.</p>

Grayscale Holds 490K+ Bitcoins, BTC Sell-Off Slows Down

Coin Edition

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