On November 18, Grayscale representatives tweeted that they could not release information about their reserves for security reasons.
Concerns about the collapse of Grayscale appeared after the announcement of Genesis Trading to suspend the issuance and repayment of loans
Given that Digital Currency Group owns Grayscale and Genesis, the FUD around its financial condition has begun to rise. The crypto community has been speculating about how this might affect Grayscale and its flagship product, GBTC.”
It’s funny to see how much panic escalates after the FTX bankruptcy. Gate was also dragged here. io/Crypto. com / Grayscale and many other major funds and exchanges
People are in fear and you don’t even need to open the “Fear & Greed” index for Bitcoin to understand this. The manipulators have already practically implemented their plan. The game enters the final stage