Why are so many big players hoarding ETH, but the price of ETH has not risen much?
I believe that in the past few days, many people have seen big players and institutions hoarding ETH! For example, Justin Sun and those whales on the chain are basically receiving goods on a large scale.
The Hong Kong ETF will start trading at the end of the month, which can be regarded as part of the funds flowing into the market!
Ethereum ETF in May (a hot spot will trigger a crazy rise in ETH)
Prague upgrade at the end of the year (technological upgrades and innovations drive the entire ecosystem to rise)
There is not much movement in the market now, mostly because of the bearish sentiment of the war last week, which is still there! Another part is the number of unemployment benefits tomorrow night, and multiple data such as the US first quarter GDP are yet to be announced. The market is just missing a hot spot to drive the mood. I hope this week's data can be relieved! $ETH #ETF批准