Since yesterday, there have been noticeable changes in the capital flows of Bitcoin and Ethereum. Yesterday, BTC was still experiencing net outflows, but ETH held up and continued to see net inflows. However, today BTC saw a significant outflow, and ETH also experienced capital loss—albeit to a lesser extent.
The reaction from institutions is even more interesting. Grayscale experienced five-figure outflows, which is quite significant. In contrast, the outflows from BlackRock, Fidelity, and Bitwise are manageable, not as urgent as one might imagine. This comparison actually reveals quite a few things: it seems that the market's expectations for Ethereum are even stronger, and institutional confidence remains intact.
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DaoTherapy
· 2h ago
Grayscale's recent moves really can't hold up anymore; it's just that the institutions' obsession with ETH runs too deep.
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HashRatePhilosopher
· 16h ago
Gray is rushing to run away, while BlackRock and others are still holding steady. What does that mean... Are they really optimistic about ETH or just waiting for cheap deals?
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ContractTearjerker
· 01-08 23:50
The rapid grayscale run indicates that someone is panicking... But looking at BLK and Fidelity remaining steady, ETH's holdings are indeed more resilient.
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WagmiWarrior
· 01-08 23:49
Grayscale is buying again. Could it be to bottom out? Anyway, I believe in ETH's resilience. What does this wave of outflows indicate? Institutions are still holding positions.
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GweiObserver
· 01-08 23:34
Grayscale is dumping coins externally, while BlackRock remains still... This pace feels like someone is betting on ETH's turnaround battle.
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GmGnSleeper
· 01-08 23:31
With so many grayscale runs, BlackRock and others are still holding steady... indicating that some people still have confidence in Ethereum.
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ZenChainWalker
· 01-08 23:28
Grayscale's recent actions are indeed urgent, which actually proves that institutions still have confidence in ETH. It's quite interesting.
Since yesterday, there have been noticeable changes in the capital flows of Bitcoin and Ethereum. Yesterday, BTC was still experiencing net outflows, but ETH held up and continued to see net inflows. However, today BTC saw a significant outflow, and ETH also experienced capital loss—albeit to a lesser extent.
The reaction from institutions is even more interesting. Grayscale experienced five-figure outflows, which is quite significant. In contrast, the outflows from BlackRock, Fidelity, and Bitwise are manageable, not as urgent as one might imagine. This comparison actually reveals quite a few things: it seems that the market's expectations for Ethereum are even stronger, and institutional confidence remains intact.