Phyrex
Phyrex|Feb 20, 2025 17:24
Although the data of ETH spot ETF in the past 24 hours is still good, I still feel that there has been no fundamental change. Wednesday's purchasing power is four times that of Tuesday, which is correct. However, most of the purchases are concentrated in one company, Fuda. Apart from Fuda, no other company has increased their holdings of ETH. Therefore, although they have bought more than 8000 ETH, it does not represent universality. However, in terms of selling, there is only one company, Grayscale, and the selling volume is less than three digits. Overall, the sentiment of ETF investors is quite stable. Although Fidelity has a large amount of buying, other institutions are zero. Most investors are still in a wait-and-see attitude, neither buying nor selling. It's becoming more and more like junk time in stock. And another major buyer, BlackRock, has had zero changes for three consecutive working days. Now even grayscale investors are not selling. Data has been updated, address: https://docs. (google.com)/spreadsheets/d/1W7JJ8lMQiUUlBb9U-BvFoq2H-2o5CpUuPO4D_KK3Ubw/edit? usp=sharing This tweet is sponsored by @ ApeXProtocolCN | Dex With Apex
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