Crypto platform Bitvavo rejected the offer of Digital Currency Group to return 70% of the debt to them ❌
The platform does not agree to a partial payment of €280 million, which is also stretched over time. In their opinion, Digital Currency Group has enough funds to repay the debt in full in one payment.
Such a statement could be a hint at 631,000 BTC on Grayscale's balance. But if the Digital Currency Group at least tries to start selling from there, then Bitvavo will take its toll, but the entire crypto market will have a very bad time.
Crypto platform Bitvavo rejected the offer of Digital Currency Group to return 70% of the debt to them ❌
The platform does not agree to a partial payment of €280 million, which is also stretched over time. In their opinion, Digital Currency Group has enough funds to repay the debt in full in one payment.
Such a statement could be a hint at 631,000 BTC on Grayscale's balance. But if the Digital Currency Group at least tries to start selling from there, then Bitvavo will take its toll, but the entire crypto market will have a very bad time.