Crypto community unhappy with Grayscale's plans to sell 3,1 million ETHPow, accuses company of dumping ethereum eth merge $eth
to Grayscale Investments, which will then sell them within a period not exceeding 180 days. Profits from the sale of the tokens will be allocated to shareholders.
In the same announcement, Grayscale Investments addresses the issue of the lack of liquidity in the ETHPoW market. Given thatlaunched only yesterday, Sept. 15, there is uncertainty about its presence on any platforms and sufficiency of liquidity in them, the company notes. In addition, says Grayscale, there are concerns about the high volatility of the token, which also exposes the impossibility of predicting the price at which their sale will occur.
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