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Ethereum’s 465% premium spike may have been a ‘lock-up period’ outcome

Ethereum’s 465% premium spike may have been a ‘lock-up period’ outcome – AMBCrypto

Grayscale’s Ethereum Trust [ETHE] made headlines on 27 February after its premium rates hit a high of 465 percent for the ETHE holdings worth only around $21.29 per share, at that time. As previously reported, many have speculated that a surge in premium could have been due to increasing institutional demand, in spite of the growing bearish trend.