Bitcoin Forum

Alternate cryptocurrencies => Altcoin Discussion => Topic started by: rdbase on April 30, 2020, 01:37:26 PM



Title: Grayscale has bought almost 50% of all ethereum mined this year
Post by: rdbase on April 30, 2020, 01:37:26 PM
"Grayscale Investments —the world’s largest digital currency asset management — has purchased about 48.4% of all mined ETH so far this year, possibly to attract more investors in anticipation of Ethereum 2.0.
They have bought 756539.777104 ETH since December 31, 2019, which represents a little less than 50% of the total ETH mined during the year, this data can be verified by comparing the number of tokens that the firm had since December, concerning the last stats reported on its page."

https://zycrypto.com/crypto-investment-giant-bets-big-on-ethereum-with-rapid-increase-in-purchases

This amount of ethereum is an astounding amount for one sole entity to amass in a short amount of time.
Just imagine if one individual had this amount of bitcoin in their possession. :-X