I believe everyone has not expected the data for ETH, and that's correct. Although the selling volume of spot ETFs has significantly decreased, Fidelity still has nearly 2,000 $ETH for sale, and all spot ETF institutions are either experiencing net outflows or are at zero. American investors have collectively withdrawn 3,745 ETH, with net inflows at zero, which is far worse than Bitcoin.

Although there is a lot of complaining, it can still be seen that as the price has not further declined temporarily, investor sentiment is beginning to stabilize. Overall selling has started to decrease, but there is currently no opportunity for a reversal in the market, so investors are at most reducing panic selling or making slight bottom-fishing attempts, but there is still little strong expectation for the price in the short term.

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

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