On Wednesday, the data for $ETH was better than I expected. On Tuesday, BlackRock's investors directly exited 1.5% of the shares, and today it dropped a bit more, but the selling volume from BlackRock and Fidelity's investors decreased to four digits. I wonder if the short-term investors have mostly left. Just like the ups and downs with $BTC, ETH is the same; it has risen today, and I estimate the data will look better again tomorrow.

For traditional investors now, the cryptocurrency they prioritize for investment is often Bitcoin, followed by ETH. So generally, when prices fall, it is usually ETH spot ETFs that see the highest exits. Of course, apart from Bitcoin and ETH, other tokens, even with spot ETFs, have very poor transaction volumes.

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