📌Tonight at 9:30 pm Eastern Time, ETH spot ETF officially goes online for trading.#BTC#ETH
⚠️Five hours ago, Grayscale Ethereum Trust transferred 292,630 Ethereum to Coinbase Prime four hours ago, worth about $1.01 billion.
As mentioned before, Grayscale currently holds about $10 billion worth of ETH, and a large amount of selling may occur after the ETF goes online, and ETH will face huge selling pressure at this time.
After the BTC ETF went online, Grayscale has sold a total of $18.5 billion of BTC so far, accounting for more than 55% of the total holdings
According to this ratio, Grayscale's ETH ETF may face an outflow of nearly $5 billion in the future, which needs to be paid attention to! #以太坊ETF通过 $BTC
