Ethereum's performance is only slightly better than Bitcoin's, but that's about it. Recent buying activity mainly comes from Grayscale investors, but their purchasing power is actually quite limited. On the other hand, BlackRock is still continuing to sell. Ultimately, the enthusiasm of traditional large funds for the crypto market is clearly declining—just like with Bitcoin. Interestingly, although institutional selling pressure is not light, the market's sell volume is also not very high. This imbalance of supply and demand indicates that both sides are watching and waiting.

ETH-0.48%
BTC0.27%
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BrokenYieldvip
· 10h ago
grayscale pumping eth while blackrock quietly exits... classic. supply-demand deadlock screams systemic hesitation. institutional conviction's basically flatlined at this point, ngl
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GateUser-6bc33122vip
· 10h ago
The strength of the grayscale buy orders is really weak, BlackRock's dumping is truly impressive... Wait, why are there so few sell orders? Both sides are just watching, isn't that just waiting for someone to break first?
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APY_Chaservip
· 10h ago
Gray market buying volume can't support the scene at all... BlackRock has been unloading, and that's the real point.
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ThatsNotARugPullvip
· 10h ago
Limited buying power in grayscale? Is BlackRock still selling off? This is what you call traditional finance being indifferent to us... Instead, retail investors are watching on, hilarious
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OneBlockAtATimevip
· 10h ago
Gray scale buying to support the market, BlackRock turns around and runs, what kind of show is this...
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