Wall Street Accumulation of Bitcoin Continues Despite Consolidation

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BTC continues to be accumulated by Grayscale, a leading digital asset fund manager. It was noted that the firm’s leading Bitcoin Trust added 12,319 BTC to its coffers in a single day. Bitcoin Continues to Be Accumulated by Grayscale Bitcoin continues to be accumulated by Grayscale, a leading digital asset fund manager. Kevin Rooke, a technology analyst, noted that “Grayscale’s Bitcoin Trust just added 12,319 BTC to $GBTC in a single day. That’s more than the 11,512 BTC they added during all of last week, when Bitcoin broke its ATH.” This shows clear institutional demand for Bitcoin despite the recent consolidation. Bad news for Bitcoin bears. Grayscale's Bitcoin Trust just added 12,319 BTC to $GBTC in a single day. That's more than the 11,512 BTC they added during all of last week, when Bitcoin broke its ATH. pic.twitter.com/0ozzioNXBZ — Kevin Rooke (@kerooke) December 23, 2020 While the Grayscale Trusts are…

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