The ETH data, in contrast to Bitcoin, seems to be slightly better, right?

CN
Phyrex
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3 days ago

The data for ETH, in contrast to Bitcoin, seems to be slightly better. Although ETH's price has recently rebounded somewhat alongside BTC, the momentum is still relatively weak. The only positive aspect is that BlackRock has ended its significant sell-off after three consecutive working days, finally bringing it down to zero. Now, the major selling pressure has shifted to Grayscale, and the overall selling volume has started to decrease.

In the last trading day, apart from Grayscale, all other U.S. institutions reported zero activity. Although there hasn't been a net outflow like with BTC, it is evident that the panic sentiment is gradually improving. However, currently, compared to BTC, ETH has experienced a larger decline and a smaller increase, so investors, after suffering losses in altcoins, have begun to reduce their focus on ETH.

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

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