The data of $ETH has been relatively stable in recent period. Although there are no large institutions buying in large quantities, there are also no large-scale sales. Now many investors are still optimistic about the future market. However, it is interesting that many friends have been FUDing#ETHrecently. It is true that many institutions have not bought it, but BlackRock's investors have bought a lot of ETH recently. Last time, there was no purchase for 13 consecutive days for $BTC , and yesterday was also the case. Other institutions bought#BTCwell, but BlackRock did not increase its holdings. However, BlackRock increased its holdings of ETH twice this week. Yesterday, BlackRock increased its holdings of ETH by 2,116 ETH, exceeding the 1,818 on Monday. So although $ETH sold off a lot yesterday and had a net outflow, the market sentiment is still quite good. There is also a problem here. Grayscale's selling of BTC has been very small, but there are still a lot of selling of ETH. I don't know what's going on.
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