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February 04, 2024, 10:07:17 AM |
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In the upcoming showdown, drama unfolds between financial giants Fidelity, BlackRock, and the enigmatic MMs. Here's a sneak peek into the high-stakes game:
1/ Fidelity is silently amassing a Bitcoin stash matching BlackRock's, each holding a staggering $2.6 billion. 2/ BlackRock, a formidable player, commands a $2.7 billion position. 3/ The intrigue deepens as Grayscale, with a whopping $27 billion portfolio, becomes a key player in the unfolding drama, holding $20 billion in BTC and the rest in ETH. 4/ The race is on, and the numbers are expected to climb relentlessly, with a pause only when Grayscale runs out of stock. 5/ This high-stakes chess game has MMs strategically accumulating as much as possible, signaling a massive play in the crypto space. 6/ The price is unlikely to plummet, as a deeper dip would jeopardize the interests of other MMs and prompt them to intervene and prevent such a scenario.
=> A crucial reminder: Don't let Wall Street snatch the opportunity from your hands!
Get ready for a thrilling crypto spectacle where big players vie for dominance in the ever-evolving world of digital assets.
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