According to BlockBeats, on April 10th, Bitcoin ETF management company VanEck has once again pledged 4640 ETH, equivalent to approximately 16.3 million USD, through Abyss Finance in the past hour. This is based on the monitoring of on-chain data analyst @ai_9684xtpa. Over the past week, VanEck has cumulatively pledged 18,560 ETH, with a total value of 63.82 million USD.
VanEck's recent activity indicates a continued interest in Ethereum, as evidenced by the substantial amount of ETH pledged. The company's decision to use Abyss Finance for these transactions also highlights the growing role of decentralized finance platforms in facilitating large-scale cryptocurrency transactions.
It's worth noting that the value of the pledged ETH is subject to market fluctuations. As such, the actual value of the pledged assets may vary. Despite this, VanEck's continued investment in Ethereum underscores the company's confidence in the long-term potential of this cryptocurrency.