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My Bearish Thesis On The Grayscale Ethereum Trust

My Bearish Thesis On The Grayscale Ethereum Trust


Seeking Alpha
2021-05-26 14:59:30

The Ethereum bull market has hit a rough patch as it sells off along with Bitcoin.One of the catalysts for the big leg down is over energy usage concerns.I suspect the use of leverage exacerbated the move down which has opened up a nice opportunity for longer-term investors.I am bearish on the Grayscale Ethereum Trust as will be detailed below.


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