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 Outlook: The Oversold Bounce—A Bottom or a Shorting Opportunity? 3 hours ago
  • The Making of a Political Darling: Is Chainlink’s Government Deal a Victory for Tech or... 4 days ago
  • Google Steps Into Blockchain: A New Front in the “Ledger Wars” 6 days ago
  • Bitcoin Weekly Analysis: Is a Bear Market on the Horizon? 8 days ago
  • AI Fraud Is Breaking the Internet’s Trust Economy. Can Compliance Tech Keep Up? 11 days ago
  • You need to login to comment.