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HomeCrypto NewsAnalysisGrayscale Buys More Altcoins LPT, MANA, FIL And LINK

Grayscale Buys More Altcoins LPT, MANA, FIL And LINK

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According to the latest data from Bybt, Grayscale Investments has added more MANA, LPT, LINK and FIL coins.


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Major cryptocurrency fund Grayscale has bought more altcoins to add to its recently launched cryptocurrency trusts-MANA, LPT, FIL and LINK.

According to the data analytical platform Bybt, purchases were made most recently in 24 hours.

The largest number of crypto bought by Grayscale is MANA.

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The table on the website shows that Grayscale is engaged in extreme buying of these cryptocurrencies in the last week and overall in the last thirty days.

Grayscale Buys More Altcoins LPT, MANA, FIL And LINK

24 Hour change in Grayscale MANA Trust was +16710, Grayscale LPT Trust +767, Grayscale Link Trust +516 and Grayscale FIL Trust +196 in last 24 hours respectively.

7 days change in Grayscale MANA Trust was +46328, Grayscale LPT Trust +1483, Grayscale Link Trust +6839 and Grayscale FIL Trust +1470 in last 7 days respectively.

30 days change in Grayscale MANA Trust was +424307, Grayscale LPT Trust +25246, Grayscale Link Trust +53827 and Grayscale FIL Trust +6262 in last 30 days respectively.

According to Bybt, the total amount of crypto assets under Grayscale’s management now stands at $51.41 billion.

Previously, Grayscale’s parent company, DCG continues to pursue its plan to buy back GBTC shares from Grayscale.

According to a recent report, DCG acquired 1,696,219 shares in March as part of its $251 million buyback program.

However, GBTC Bitcoin Trust continues to trade at a discount. At the time of writing, it is -12.52 percent, Which shows investors lack of trust on Grayscale GBTC.

Disclaimer: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic’s opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.

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Albert Brown
Albert Brownhttps://thecryptobasic.com/
Albert Brown is a cryptocurrency investor and journalist who has been in the nascent space since 2017. His love and passion for technological innovations made him delve deeper into the world of blockchain and cryptocurrencies. As a journalist, Brown has written on several crypto-related topics that have been referenced by popular industry players like Tyler Winklevoss, Binance CZ, etc.

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