
Phyrex|Sep 29, 2025 15:37
Although ETH's data isn't great today, it's still slightly better compared to BTC, with net outflows nearly half that of BTC. However, today's price increase doesn't seem to have a clear reason—maybe it's linked to the shift in sentiment from Friday? I didn't buy the dip on ETH, but I'm still holding my Bitcoin long position, which is currently up about 25%. Now I'm a bit torn—should I gamble on this week's labor market data? The main issue is that it's so hard to distinguish between good and bad data.
That said, last Friday's data showed that BlackRock's investors were the biggest sellers, offloading nearly 50,000 ETH. The combined selling from the other three major players was only about 65% of that. It seems ETH has disappointed quite a few investors. Week 61 data shows that U.S. investors had a net outflow of nearly 210,000 ETH, whereas in Week 60, there was a net inflow of over 140,000 ETH.
This post is sponsored by Bitget | @Bitget_zh
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