According to data from trading firm Webull, around 70% of Grayscale GBTC holders likely remain in profit. The average shares were purchased at $27.82, some 20% below the current price as of press time. The Webull data shows the state of the trust the day before its conversion to a spot Bitcoin ETF and indicates […]
The post Why most Grayscale investors may remain in profit if GBTC falls further 20% to $27 appeared first on CryptoSlate.