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Alan ₿

Wild seeing Grayscale casually dump 10,000-25,000 BTC each day.

May end up being the biggest blown lead in the history of #Bitcoin, and all because they refuse to lower fees.

Derek Ross 1y ago

Which is just absolutely wild. I don't understand why they wouldn't have foreseen this.

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Discussion

Alan ₿ 1y ago

Makes zero sense.

Unless there is some deeper reason.

BzzT! 1y ago

One reason I've heard is that they charge those fees because they provide liquidity some of the others can't at this stage. They're the biggest and slippage at a smaller institution could be greater than the fees at Grayscale.

SUPERMAX 1y ago

Has to be. Far too much dumping imo