Grayscale Investments, a digital-asset-management fund, has bought about 756,200 ETH, according to BlockBeats, nearly half the number it has dug up so far this year. BlockBeats note: however, this data does not indicate that the ethereum purchased by grayscale capital is the ethereum excavated this year, and it is only a theoretical value.
Grayscale capital's ethereum trust had issued 5.2302 million shares as of Dec. 31, according to previously released grayscale data. As of April 24, 2020, the company's taifang trust fund had 13.2554 million fund shares. Then we can calculate that on January 1, 2020, solstice on April 24, greyscale capital increased by about 8.02 million ethereum fund shares by taking 13.2554 million fund shares owned by grayscale capital as of April 24, minus 5.2302 million fund shares as of December 31, 2019.
At 0.09427052 ETH, the 8.02 million ethereum shares added this year can be seen as a purchase of 756,200 ETH as grayscale capital. From 2020 to April 24, the total number of ETH mines dug is 1,563,200, which means that the amount of ETH bought by grayscale capital this year is equal to 48.4% of the amount of ETH excavated this year.

Source link:https://cryptopotato.com
Welcome to join the official BlockBeats community:
Telegram Subscription Group: https://t.me/theblockbeats
Telegram Discussion Group: https://t.me/BlockBeats_App
Official Twitter Account: https://twitter.com/BlockBeatsAsia