Krutika Adani
A wallet believed to be linked with Grayscale has transferred 5000 ETH to a crypto exchange, FalconX.
The 5000 ETH transaction was part of a larger fund transfer believed to be worth around 114k ETH.
Genesis which was once a market leader has now become bankrupt. At the time of bankruptcy, it just had $500 million in assets.
Ethereum ETFs have seen four days of net inflows in the last five days.
The price of Ethereum has gained 3.65% in the last week as compared to Bitcoin’s 3.2%. Further, there is a gradual increase in ETH’s dominace in crypto markets.