Ethereum is down 8% on Thursday as Grayscale's Ethereum Trust outflows, combined with the general stock market decline, weighed down its price.
Ethereum ETF s saw $133.16 million in net outflows after the end of Wednesday's second day of trading. Ethereum Foundation is rumored to have moved 92,000 ETH in the past few hours. Grayscale's ETHE strong outflows could push Ethereum to test the support level of around $2,800. Ethereum is down 8% on Thursday as Grayscale's Ethereum Trust outflows, combined with the general stock market decline, weighed down its price.
ETH has dropped by 11% since reaching a high of $3,562 on Sunday. A similar 15% drop will see ETH approach the $3,000 psychological level. It's important to note that intense outflows from Grayscale's GBTC largely triggered BTC's post-ETF price decline. However, BTC quickly recovered and surged by 92% within two months after GBTCoutflows diminished.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Ethereum ETFs could spark new ETH all-time high but face potential Grayscale barrierEthereum (ETH) is down 0.4.% on Thursday following speculations surrounding the potential negative impact of Grayscale's Ethereum Trust fees and ETH dump from the Ethereum Foundation.
Lire la suite »
Ancient Ethereum (ETH) Whale Awakens Ahead of ETH LaunchThe activation of a major dormant Ethereum address comes just a day before the launch of spot Ethereum ETFs
Lire la suite »
BlackRock All in on Ethereum, 84,000 ETH Held in TrustBlackRock buying Ethereum in unbelievable amounts
Lire la suite »
Grayscale's $9 billion head start in ethereum is at risk as big investors launch ETFsWith the launch of the first spot ether ETFs this week, crypto firm Grayscale faces a new competitive threat.
Lire la suite »
Spot Ethereum ETFs $100M Debut: BlackRock Leads, Grayscale BleedsCrypto Blog
Lire la suite »
Grayscale to Have Lowest Ethereum ETF Fee in Major ReversalGrayscale is shaking up the Ethereum ETF race
Lire la suite »