In the past 24 hours, although the prices of BTC and ETH have risen quite well.

CN
Phyrex
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22 hours ago

In the past 24 hours, although the prices of BTC and ETH have risen quite well, the ETF data is not good. Of course, this bad data is, as I mentioned recently, only partial and localized. In reality, more investors have not reacted much. Those who bought due to FOMO are more likely to sell off. In Thursday's data, it was still Grayscale and Fidelity that sold the most #ETH.

But it was only less than 3,100 ETH. I believe no one thinks that such a small amount of data would affect the spot price of ETH. In fact, during this period, whether it's #BTC or ETH, more trading is still happening on exchanges.

That said, today the upward trend of ETH was quite good, but the Bybit hacking incident triggered panic among some investors, especially those worried that various ETH worth $1.44 billion would be sold off. As a result, many chose to exit early, causing the overall market's upward trend to be halted, which is an unfortunate disaster.

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

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