Bitcoin is currently changing hands just about $54,195.56, representing a 7% surge on the day.
Data suggests that the Bitcoin Market is transferring Bitcoin wealth from the impatient to the patient.
an unknown BTC whale moved 7,215 BTC (342,066,420 USD) transferred from an Unknown wallet to an unknown wallet
Grayscale has had its crypto holdings gain twelve times since the start of 2020.
The world’s biggest crypto hedge fund, Grayscale, now has a whopping sum of $37.8 billion under its management.
Grayscale CEO recently revealed the pension industry joining hedge funds and other institutional firms in gaining exposure to Bitcoin.
Grayscale has had its crypto holdings gain ten times since the start of 2020
Grayscale added more than 10,000 Bitcoin to its crypto holding, bringing the total number of Bitcoins under its management to 588,970.
The Canadian investment company recently disclosed it added about 73.9 BTC to its reserves since the middle of 2020.
Ethereum has recently dropped more than 10% after reaching above $600.
