The market has been gearing up for volatility before the launch of spot ETH ETFs in the US today. While ETH’s price action has been relatively uninteresting in the past few weeks, it seems that large holders are expecting price swings and are rushing to cash out. Glassnode’s data on realized profit for Ethereum holders […]
The post Large holders cashed out ahead of Ethereum ETF launch appeared first on CryptoSlate.
The launch of spot Ethereum ETFs could trigger massive capital inflows into the market, according to Bitwise CIO Matt Hougan.