In the past week, Bitcoin faced notable shifts in market dynamics, marked by $2.2 billion in outflows from the Grayscale Bitcoin Trust (GBTC). During this period, the average holding time of transacted Bitcoin hit a record high. Bitcoin’s average holding time of transacted coins reached a record high this week amid $2.2B GBTC outflows.🔗https://t.co/1N4oOlUnxu pic.twitter.com/fmUFwtI38I — IntoTheBlock (@intotheblock) January 20, 2024 Grayscale, a major player in the crypto investment landscape, currently holds 566,973 BTC ($23.21 billion). This represents a decrease of approximately 52,227 BTC ($2.14 billion) since the approval of the Bitcoin Exchange-Traded Fund (ETF). Other key entities holding Bitcoin
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