Recently, the barometer of the crypto world—one of the largest encryption asset management institutions globally, Grayscale, staged a dramatic "violent increase the position" performance on Filecoin (FIL), the leader in decentralized storage! The intensity of their actions has caught the attention of the entire circle. What exactly have they sensed?

Several shocking operations:
On March 29, a total of 351,900 coins were sold in one day! (The price at that time was about $9.3) On April 27, another "precise move" was made with 199,800 coins! (The price was about $5.69)
On May 29, continue to increase the position by 293,700 coins! (Price approximately $5.85)
Effect: With this wave of large purchases at low positions, Grayscale has directly lowered the average holding cost of FIL from $90 to $11.43! This cost control is impressive.
Current assets: Grayscale holds over 2.0061 million FIL, accounting for about 1% of the FIL circulating supply. Moreover, Grayscale's trust products have a characteristic: once bought, they cannot be redeemed (can only be sold on the secondary market), which effectively "locks" this batch of FIL and reduces market selling pressure.

Why are Wall Street giants going "All In" on FIL?

They are not buying blindly. The logic behind it is very clear:
The wisdom of "right-side trading": Big players rarely pursue "buying at the absolute lowest point" (that's too difficult!). They are better at waiting for the trend to become relatively clear before taking action. The price of FIL has dropped over 90% from its peak in 2021 and has basically been fluctuating at a low level in 2024. Grayscale's large-scale purchases at this time likely indicate their judgment: the bottom area has been basically confirmed!
The "new story" in the storage track is too enticing: the AI explosion meets Web3: think about it, how hot is AI right now? With the massive amount of data generated every day, there must be a place to store it, right? Centralized storage is expensive and risky. Distributed storage like Filecoin, which is secure, cost-effective, and censorship-resistant, is simply the potential "data warehouse" tailor-made for AI! It could become a necessity in the future.
The ecosystem is "upgrading and defeating monsters":
The Filecoin Virtual Machine (FVM) has launched! What does this mean? It means that the FIL network can not only store things but can also run smart contracts! The ecological imagination space has suddenly opened up, and various applications (DeFi, NFT storage, computing) may emerge.
The "full family bucket" advantage of DCG:
Don't forget that Grayscale's parent company DCG has a deep layout in the crypto world (exchanges, miners, custody services, etc.). They are significantly increasing the position in FIL, likely to collaborate for the entire ecosystem and promote the practical application of FIL. This is called a "combination punch."
Compliant "highway":
Grayscale's FIL trust product is compliant and traded in the US market. This has paved a safe and convenient entry channel for traditional large institutions (pensions, funds, etc.) that want to invest in FIL but are concerned about compliance issues. The "reservoir" for long-term funds has already been established.

Is FIL about to enter the "institutional era"?

Short-term: Grayscale's "buy, buy, buy" rhythm can easily attract other institutions and retail investors to follow suit. As more people buy, the supply and demand relationship naturally improves.
Long-term: More than 2 million FIL are "locked" in trust by Grayscale (only deducting management fees), which permanently reduces the circulating supply. If the real storage demand on the Filecoin network really explodes in the future (for instance, with a massive influx of AI data), the deflationary effect will be very obvious (less stuff, high demand, you know).