Ether hits new all time high of $1690
Major purchase of world's second largest cryptocurrency, Ether done by Greyscale in the past 24 hours. According to the data shared by bybt around 47000 ETH added to their portfolio and now total holding by Grayscale Investments Holdings is over 3 million ether worth $4.91 billion.
From the past 48 hours, ether is making new all time highs after braking $1500. At the time of writing it is trading around $1670 and looking to hit $1700 soon.
In 2021, Ethereum has given more returns than Bitcoin. Many factor contributed in this really but few major factors playing the key role. One of the important reason is the launch of ETH 2.0 phase 0 and CME Ethereum futures launch on 8th February. Short supply on crypto exchanges and increasing institutions interest also moving the ether price up. #Ethereum#ETH