The post Why is Grayscale Dumping Bitcoin ? appeared first on Coinpedia Fintech News Grayscale’s Bitcoin Trust (GBTC) faces substantial outflows, totaling $594 million, amid a crypto market downturn. Simultaneously, Grayscale transferred 9,840 BTC worth $418 million to Coinbase Prime, bringing the total moved to 41,478 BTC since January 12. This action, surpassing $1.7 billion, correlates with handling redemptions, revealing challenges for GBTC. Expert’s Insight on Grayscale dumping BTC …
