[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

View post   
File: 59 KB, 942x496, GLc7XeibcAAftbR.jpg [View same] [iqdb] [saucenao] [google]
58414246 No.58414246 [Reply] [Original]

> GRAYSCALE HAS JUST TRANSFERRED 3329 BTC WORTH $207 MILLION TO COINBASE
Is it going to dump for real this time ?

>> No.58414260

>>58414246
Why are they collecting Litecoin and Bitcoin Cash but dumping Bitcoin and ETH? Whats the deal here?

>> No.58414282

>>58414246
gayscale needs to fucking kys themselves immediately. absolutely had it with that fat tranny barry and his scam

>> No.58414288

>>58414246
$207m
the market cap is $1.2tn
this is nothing

>> No.58414292
File: 85 KB, 244x224, Screenshot 2024-04-18 at 9.04.10 AM.png [View same] [iqdb] [saucenao] [google]
58414292

massive head and shoulders on the daily. you tell me

>> No.58414310

>>58414246
It's all going to dump straight into the blackrock ETF.

>> No.58414321

>>58414292
you know the head goes higher right? thats why its the head

>> No.58414386

>>58414288
It could be the start, maybe there is more

>> No.58414397

>>58414260
Grayscale doesn't own Bitcoin, ETH, LTC, or BCH. They custody it for their customers. Ask why their customers are dumping BTC and ETH.

>> No.58414398
File: 65 KB, 920x878, 1713364611142934.jpg [View same] [iqdb] [saucenao] [google]
58414398

Never been so glad to short it.

>> No.58414400

>>58414246
brother they've sold over 100k btc this past month, this is a nothingburger

>> No.58414850

>>58414246
And? When are we supposed to see effects of this? BTC has been going up today since yesterday's fall.

>> No.58414854

>>58414246
300000 btc more to go

>> No.58414865

>>58414246
>$207 MILLION
with a 1.2b mcap that sell will make it hit 1b and price hit 53k

>> No.58414869

>>58414865
When is that? Hm?

>> No.58414877

>>58414850
gotta let your exit liquidity raise price again before you dump on them. I do this all the time on memecoins.

>> No.58414881

>>58414869
EOM or beggining of May

>> No.58414883

>>58414321
Not if Grayscale is dabbing on crypyo baggies.

>> No.58414923
File: 216 KB, 1626x740, Screenshot 2024-04-18 at 4.46.22 PM.png [View same] [iqdb] [saucenao] [google]
58414923

>>58414292
All I see is a bull flag.

>> No.58416157
File: 7 KB, 169x298, 1619135947054.png [View same] [iqdb] [saucenao] [google]
58416157

>>58414246
>Bitcoin Tru...
BITCOIN TRUMP?
MAGA TRUMP?!??!?!
LET'S FUCKING GOOOOOOO

>> No.58416342

>>58414246
.. .. is grayscale.. panic selling?

>> No.58416421
File: 276 KB, 1024x656, GjB1qmx.jpg [View same] [iqdb] [saucenao] [google]
58416421

>>58414246
he thinks $207 million in BTC is a lot of money today. get a load of this retard

>> No.58416894

>>58414260
>>58414246
The Genesis bankruptcy settlement with Gemini was approved.

Gemini Earn users are to be made entirely whole with 100% of their crypto restored the day Genesis collapsed as a result of FTX hitting the shitter. Genesis had limited collateral except for GBTC tokens which at the time were not really redeemable until the ETF was approved.

Now that the judge approved the bankruptcy these funds are being transferred to acquire crypto that rebalanced dramatically since the collapse, and they have around 2 weeks or so to do so. That means acquiring dramatically more LTC and BCH among other things. This is the either Gemini or Genesis doing so, I suspect it's Genesis

>> No.58417023

>>58414877
You'd better buy altcoins that bring real-world applications like Render and Hivemapper. You can also expect big things from the Peaqosystem, and if you DYOR, you'll understand why.

>> No.58417046

>>58414246
theyre going to buy chainlink with it