Two ETH spot ETFs managed by gray scale pledged 32,000 ETH in the past 9 hours."
According to online reports, chain analyst Yu Ember said that ETH of the US ETH spot ETF is now allowed to be pledged, which may be one of the reasons why ETH rebounded from US$3800 to US$4700 during this period. Two ETH spot ETFs managed by gray scale have pledged 32,000 ETH in the past 9 hours. They conducted a large-scale ETH distribution 20 days ago, with 3200 ETH pieces per address. Last night's announcement confirmed that the ETFs they manage can now pledge ETH, and then they used 10 addresses to pledge 32,000 ETH.
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