Recently, ETH's data has been looking worse. BlackRock investors have been reducing their holdings by over 1% per day for two consecutive business days. Over the past week, BlackRock alone sold more than 138,000 ETH, which is over 4% of their total holdings. Investor sentiment towards crypto is honestly a mess. Maybe BTC is holding up slightly better, but ETH is definitely struggling. In the just-concluded Week 87 data, U.S. investors had a net outflow of over 170,000 ETH, nearly 1.5 times higher than the 70,000+ ETH in Week 86. However, ETH did enter the bear market earlier than BTC. If it drops below $2,000, native crypto investors are still pretty active in buying. Bitget VIP—lower fees, crazier perks.