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Home›Crypto›Market Structure›Remixpoint narrows crypto exposure to 1,506 BTC after…

Remixpoint narrows crypto exposure to 1,506 BTC after selling altcoins

The firm sold about $5.5 million worth of ETH, SOL, XRP and DOGE, booking a $736,000 net gain as it shifted focus to Bitcoin.

Reported · Written up by our desk · Market Structure

Cointelegraph reports that Japan’s Remixpoint has exited most of its altcoin positions, leaving Bitcoin as its only crypto holding.

According to the outlet, Remixpoint sold roughly $5.5 million in ETH, SOL, XRP and DOGE and booked a net gain of $736,000 from the trades.

The company has narrowed its overall crypto strategy to focus on Bitcoin, holding 1,506 BTC after the sales, Cointelegraph said.

Latest closeBitcoin $77,563.82 ▲0.2%|Ethereum $2,397.79 ▼0.8%|XRP $1.362 ▲0.8%

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Sources

CointelegraphJapan’s Remixpoint dumps altcoins, leaves 1,506 BTC as sole crypto bet

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