Delta Exchange, a crypto derivatives platform, says many options traders didn’t expect Ether’s price to rise so quickly. Now, they’re sitting on huge unrealized losses.
The digital asset manager Grayscale just bought $38 million worth of Ethereum (ETH) on behalf of its investors. The firm temporarily closed the Grayscale Ethereum Trust in late December. Now that it’s back online, data from the analytics company Skew shows the investment product is up and running. Source: Skew With the additional 24,796 ETH,
With Ethereum’s fees rocketing to new highs amid Ether’s rally into new price highs, the fees associated with using some complex DeFi protocols has increased above $1,000.