2026-01-03 06:26:54

Based on recent Ethereum performance, Wednesday's data was relatively impressive, mainly driven by investors from Grayscale suddenly showing a strong buying signal. However, BlackRock's investors still maintain a selling stance, playing the role of the main selling pressure. Actions by other institutions can basically be ignored.

Looking at the full-year framework of 2025, investors in the US have already net bought over 2.47 million ETH, which is equivalent to about 40% of the current total ETH supply. This scale is quite alarming. Interestingly, most investors are still adopting a wait-and-see attitude, similar to the situation with Bitcoin.

From a technical perspective, if there is a pullback in the range of 3087-3063 below, consider buying on dips. For rebounds, focus on the performance within the target range of 3140-3190 above.

ETH-4,56%

BTC-2,92%

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GasFeeLover

· 01-05 21:20

Gray scale is buying, BlackRock is dumping, this move looks a bit interesting... 2.47 million ETH, what does that mean? It seems like institutions are quietly accumulating.

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OvertimeSquid

· 01-05 17:43

Grayscale is causing trouble again, and BlackRock is still dumping... These two are like playing a seesaw haha 40% of ETH is in the hands of the Americans, this number really can't hold up Wait, with so many people watching the show, is the bottom really coming?

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MEVHunterZhang

· 01-03 23:20

Grayscale is causing trouble again... BlackRock is still heavily suppressing the market. These two institutions really seem to be fighting 40% net buying volume, honestly a bit scary... but is everyone waiting? That’s just ridiculous If 3087 really hits, I’ll jump in.

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StakeTillRetire

· 01-03 06:57

Grayscale is starting to buy again, while BlackRock is still selling... These two are really undermining each other.

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MetaverseLandlord

· 01-03 06:52

Grayscale is causing trouble again, BlackRock is suppressing the market... These two institutions are fighting each other, and retail investors are just watching the show.

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NftMetaversePainter

· 01-03 06:49

actually the 247M ETH accumulation thesis is precisely where algorithmic value extraction meets computational aesthetics... the hash-weighted distribution patterns here are quite fascinating when you dissect them through a blockchain primitive lens

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CodeAuditQueen

· 01-03 06:43

The sudden surge in grayscale shouldn't be overthought; the key is how long BlackRock's selling pressure can last. 2.47 million ETH were absorbed, which is indeed shocking, but the issue is—big institutional holdings follow logic similar to writing smart contracts, and they must consider re-entrancy attack risks. Once liquidity vulnerabilities appear, it's all over. The many people watching on indicate that the market is essentially testing for security risks, not genuinely optimistic. If the line at 3087 below breaks, I will consider bottom fishing. Entering now feels like transferring in an unverified contract.

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MEVHunterNoLoss

· 01-03 06:38

Gray is playing here, and BlackRock is still dumping? Who's going to win between these two... Wait, 2.47 million ETH is 40%? Damn, that number is outrageous.

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