Express

SkyBridge Capital Co-chief Investment Officer Troy Gayeski Predicts Incoming Bitcoin Supply Shock

Amy Liu

Summary: During an interview with Bloomberg, Troy Gayeski, co-chief investment officer and senior portfolio manager at SkyBridge Capital, a hedge fund with $7.5 billion in assets under management, has revealed he believes a Bitcoin supply shock may be around the corner. Gayeski noted that on-chain signals indicate “strong holders” are once again accumulating bitcoin while planning ...

During an interview with Bloomberg, Troy Gayeski, co-chief investment officer and senior portfolio manager at SkyBridge Capital, a hedge fund with $7.5 billion in assets under management, has revealed he believes a Bitcoin supply shock may be around the corner.

Gayeski noted that on-chain signals indicate “strong holders” are once again accumulating bitcoin while planning to hold onto it for longer periods of time. These holders are buying up coins from speculators who got into the market when BTC’s price started surging. 

By Amy Liu

  • BTC Weekly Watch: Is the Rebound "Feast" Nearing Its End? 8 days ago
  • ​The Crypto Treasury Boom Meets Regulatory Chill: Is the DAT Frenzy Fading? 15 days ago
  • Nasdaq Takes Aim at 'Crypto-Flipping' Companies with Stricter Rules 19 days ago
  • BTC Weekly Outlook: The Oversold Bounce—A Bottom or a Shorting Opportunity? 21 days ago
  • The Making of a Political Darling: Is Chainlink’s Government Deal a Victory for Tech or... 26 days ago
  • You need to login to comment.