2026-01-05 17:27:02

The recent trends in Ethereum ecosystem fund holdings have shown a noticeable change. The Bitmine fund, which focuses on ETH micro-strategies, bought a record low last week, adding only 32,000 ETH. This figure is significantly lower compared to the previous weeks' increases—10.2 million, 9.8 million, and 4.4 million ETH respectively.

As well-known institutional investors begin to show signs of losing momentum, the buying activity is gradually weakening.

This raises an interesting question: where is the driving force behind this recent market rebound coming from? Amidst the gradual slowdown of leading institutions' accumulation pace, who is continuing to buy?

ETH0,84%

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ZKProofster

· 01-08 02:38

so bitmine's actually slowing down their accumulation pattern... technically speaking, that's the kind of on-chain data divergence that makes you wonder if the real buyers are just retail fomo at this point. proof of institutional weakness right there.

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MainnetDelayedAgain

· 01-06 06:52

According to the database, Bitmine dropped from 102,000 to 32,000. How many weeks have passed since the last bold purchase? It is recommended to record this in the Guinness World Records. Institutions fell silent, but retail investors kept buying in. This is the art of timing, I suppose. Wait, where did the rebound money come from... I'm starting to doubt life itself. Leading institutions are beginning to slow down. What will this rhythm ultimately lead to? I can't think of anything for now. 32,000 coins—this number really seems a bit lonely.

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MentalWealthHarvester

· 01-05 17:57

Are institutions starting to drop the ball? Then who's supporting this rebound?

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OPsychology

· 01-05 17:48

Are institutions slowing down their accumulation? Are retail investors still rushing in at this time? Truly impressive. --- Wait, does this data indicate that institutions are fleeing? I feel like something's off. --- Bitmine's buying volume has dropped so sharply, no wonder I felt the recent gains were a bit fake. --- So now it's retail investors taking the hit? I've seen this script before. --- Top institutions are starting to secretly exit, and some still dare to go all-in? Their courage is really remarkable. --- The recent rebound has been so strong, yet the main players are all slowing down. Just thinking about it is absurd. --- From 32,000 coins to so few, the pace has become too fast.

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GasFeeDodger

· 01-05 17:39

Are institutions slowing down? Are retail investors just taking over or bottom-fishing? It's hard to tell. --- Bitmine's activity is getting smaller and smaller, feeling a bit虚虚虚 --- Wait, if institutions are not buying anymore, who is pushing this rebound? --- Looking at this data, it seems big players are撤退ing, be cautious next. --- 32,000 coins? Less than a fraction of the previous week's, this pace has indeed slowed down. --- Leading institutions are starting to缩手, what does that mean? We still need to see how it develops. --- Who is taking this position? It feels a bit悬. --- Dropping from over 100,000 to just over 30,000, this shift is quite快.

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