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Spotlight on Grayscale after the company said that it has increased Bitcoin holdings by over 40,000 BTC since the start of this year, surpassing the total number of newly minted bitcoins, which is around 26,000 BTC. The gap between diminishing supply and increasing demand from the likes of Grayscale has materialized into the largest sustained decrease in Bitcoin’s liquid supply since its inception. The demand pressure from retail and institutional investors will most likely set new price floors at higher levels, which is, no doubt, a bullish sign.