Analysis: Since its listing, Grayscale ETHE has lost 31% of its ETH. The current market is not active and the trading volume is extremely low
Trader T posted a data analysis on social media, indicating that the amount of ETH managed by Grayscale ETHE has decreased by 31% within 28 trading days. Yesterday, there was a net outflow of $5.35 million from ETHE. It is expected that 50% of ETHE will be outflowed within 108 days (by November 20th), but currently the market is not active and trading volume is extremely low.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Terminal Finance: Project shuts down due to delays in the Converge chain, protocol codebase to be open-sourced later
Cathie Wood remains optimistic about bitcoin's $1.5 million price target