ETH ETF HOLDER AVERAGE COST BASIS AT $3.5K! Is Eth in for a another major capitulation? or will these institutional holders diamond hand?

James Seyffart
@JSeyff
Ethereum ETF holders are sitting in a worse position than their Bitcoin ETF brethren. The current ETH price of $2,000 is way below their average cost basis of ETF holders at about ~$3,500. It's a painful proposition. But its one that Eth ETF holders have experienced already.
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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