Ethereum spot ETF is about to be listed. Will it rise sharply after listing? Grayscale holds nearly 3 million ETH waiting to be sold. Who will take it?

Recently, I have seen many big Vs say that Ethereum is about to start a big rise mode, and some say it will rise to 5000U before August. I think the probability is too small. After passing, it may not rise in the short term. There is a high probability that ETH will have a short-term correction due to Grayscale's large-scale selling. Grayscale currently holds 2.9298 million ETH. If the daily selling pressure in the short term after the Ethereum ETF is launched will be around 50,000, without other extremely favorable promotions, it is difficult for ETH to withstand such a large selling pressure based on the current market capital volume. If I were an institution, I would definitely buy these ETH at a low price. Would I be stupid enough to carry the sedan chair for nearly 3 million?

On the day when the Bitcoin spot ETF was approved, the BTC price reached a short-term high of $48,000. A few days after the spot ETF began trading, due to the massive selling pressure of more than 10,000 coins per day by Grayscale, BTC fell back to a short-term low of $38,000. After the selling pressure decreased, Bitcoin started to rise. As of today, Grayscale holds only 305,600 bitcoins, and sold 339,000 in a few months. Ethereum will definitely follow the path of Bitcoin.

I hold BTC:ETH:BNB=4:4:2

Hold BTC, ETH, BNB, let time accompany us to slowly become rich.

#MegadropLista #以太坊ETF通过 #ETH $ETH