$1 Billion Ethereum Transfer Shocks Crypto Community. What’s Happening?

Earlier this Thursday, Whale Alert sent shockwaves across the crypto market with a $1 billion Ethereum transfer that was sent from an unknown wallet to Coinbase Institutional. According to Eric Balchunas, Bloomberg’s senior ETF analyst, this is a transfer from Grayscale’s ETHE to its mini-product. The latter will have ultra-competitive fees that will allow the

Source: Bitcoin World