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If Grayscale is forced to sell their balance sheet to cover Genesis' creditors, these tokens would be the most impacted

All Cryptocurrencies

by COINS NEWS 124 Views

Grayscale holds a total of 14.6 billion dollars worth of crypto as of right now. In case of forced selling these are the tokens that would be impacted the most.

Percentages in the table represent the percentage of the total market cap of the said coin

  • ETC 8.53%
  • ZEN 4.64%
  • BTC 3.28%
  • ZEC 2.53%
  • ETH 2.52%
  • LTC 2.11%
  • BCH 1.60%
  • MANA 1.00%

I have no idea how and why they picked these coins to hold. But should the forced selling occur in the near future I think it is worth noting where the danger is coming from in case of grim scenario.

submitted by /u/Chysce
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