The data for ETH is still not good.

CN
Phyrex
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2 days ago

The data for ETH is still not good. When BTC data is good, ETH is not good; when BTC data is bad, ETH is still not good. The two big players, Grayscale and BlackRock, are taking turns to downplay who is the major holder. Grayscale reduced its holdings by over 6,000, while BlackRock reduced its holdings by over 2,000. Even Franklin Templeton, which has been inactive for a long time, reduced its holdings by over 1,000. Fortunately, these amounts are still quite small compared to the overall holdings, and most investors are still in a wait-and-see attitude.

There isn't much to say about ETH anymore. I think as long as ETH can keep up with BTC's ups and downs before liquidity recovers, that would be quite good. The market's attention on $ETH is also diminishing, as the gap compared to $BTC is too large.

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