Recently, the data for ETH has been quite stable. Although most institutions have not made large purchases, the selling volume remains low. This is also a topic we have been discussing. More investors are still optimistic about the future market.

Interestingly, many friends have been spreading fear, uncertainty, and doubt (#FUD) about ETH recently. It is true that many institutions have not made purchases, but investors from BlackRock have been buying a considerable amount of ETH recently. For BTC, there was a period of thirteen consecutive days without purchases, and yesterday was the same. Other institutions have been buying BTC, but BlackRock did not increase its holdings. However, BlackRock has increased its holdings of ETH twice this week.

Yesterday, BlackRock increased its holdings by 2,116 ETH, exceeding the 1,818 ETH from Monday. Therefore, despite the large sell-off of $ETHE yesterday and the net outflow, market sentiment is still quite positive. There is also a question here: Grayscale's sell-off of BTC has decreased significantly, but there are still many sell-offs of ETH. I wonder what the situation is.

The data has been updated, and the link is: https://docs.google.com/spreadsheets/d/1W7JJ8lMQiUUlBb9U-BvFoq2H-2o5CpUuPO4D_KK3Ubw/edit?usp=sharing

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