Beanie
You can’t even make this stuff up.😂 https://t.co/OYNbjNsY8z
194 days agoBeaniebeaniemaxi
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Note: AI-generated summary based on third-party content. Not financial advice. Read more.
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ETHZilla sold approximately $40 million in Ethereum (ETH) to fund stock repurchases. This move indicates a shift in capital allocation from crypto assets to traditional stock buybacks, potentially impacting ETH's price due to selling pressure and signaling a focus on boosting shareholder value in their stock. Investors in ETH should monitor for further large-scale sales from institutional holders.

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By beaniemaxi

Crypto native since the early days. Went all in on DeFi summer. Then tripled down on NFTs. VC @gmcapital_. No paid promos. Not financial advice. I talk my book.