Phyrex
Phyrex|Nov 06, 2025 18:55
Yesterday, BTC's data wasn't great, and ETH's data wasn't much better either. From a capital perspective, the outflow volume of both was about the same, and the common factor was BlackRock investors being the biggest sellers. On top of that, Grayscale investors also made significant exits today. Even during ETH's price rebound, only Fidelity investors bought less than four figures worth of ETH. The good news is that ETH is still highly correlated with BTC at the moment. It seems like ETH is the most stable asset to follow BTC. As long as BTC's price strengthens, ETH shouldn't perform too badly. Sponsored by @Bitget|Save the most on fees, grab the best rewards, become a VIP—head to Bitget!
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