
Phyrex|Aug 19, 2025 20:16
Not only BTC's data is not very good, but even ETH's data has shown a clear trend of reducing holdings. BlackRock, Fidelity, and Grayscale have all shown a trend of reducing holdings. Although the amount of reduction is not significant, like BTC, it expresses that investors are not very optimistic about the next trend. Although there is no systemic risk yet, investors' expectations for the US economy are not optimistic, leading to some signs of selling.
At present, the gap in ETH has not been fully filled, with a difference of about $80. Of course, this is just a gap, and a gap does not necessarily mean a rebound. More likely, it depends on investors' expectations for September, and Friday's Jackson Hole annual meeting may receive higher attention.
This article is sponsored by Bitget | @ Bitgetzh
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