Grayscale CEO: Former US SEC official confirmed that ETH is not a security and must once again defend ETH as a commodity
According to ChainCatcher news, Grayscale CEO Sonnenshein posted on the "Based on an understanding of the current state of Ethereum, the Ethereum network and its decentralized structure, current quotes and sales, Ethereum is not a security." With all the progress made in the industry, it is almost unimaginable that ETH will now have to be defended again as a commodity. If the crypto industry faces a challenge, then everyone needs to stand up for it.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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Data: A certain whale switched from short to long, with a liquidation price of $59,112