The founder of Digital Currency Group, Barry Silbert has already deleted a considerable number of his previous tweets as Grayscale’s Bitcoin Trust (GBTC) witnessed massive selling pressure.
Though the specific reason for the purge remains a mystery, it follows almost $580 million in flow out of GBTC over last week which undoubtedly puts pressure on bitcoin price. The trust has recently changed to an ETF.
Silbert, who joined X (Twitter) in 2011 has no tweets and replies older than the 5 days of January 2024. But very hardcore fans managed to keep some of his “greatest hits” in the form of screenshots, including him claiming himself a ‘weak and partly failed complete professional’ as well as advice for holders of DogeCoins on switching to Bitcoin.
Bitcoin hit a level over $49,00 last Thursday and plummeted under the price of about $8,652 by Friday. As yet, the silence of Silbert is punctuated with social media criticism for other deleted tweets.