Yigit Taha OZTURK 
On December 19, 2024, Grayscale transferred approximately $50 million worth of Ethereum (ETH) to Coinbase, sparking speculation about a potential restructuring of the company’s Ethereum holdings. Grayscale has previously conducted large-scale Ethereum transfers, prompting investors to analyze such moves closely.
This significant transfer by Grayscale could lead to short-term volatility in the Ethereum market. Large-scale movements like these are often considered critical signals that may influence price trends in the cryptocurrency space.
Ethereum Price Dropped Rapidly!
Following this transfer, the price of Ethereum dropped to $3,590. The market eagerly awaits further developments to gauge the long-term impact of Grayscale’s actions.
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