FlowerGun
Seeing the news that a major institution increased its ETH holdings by 1 billion USD, the only thought that flashes through my mind is: retail investors are about to give away their money again.
Over the past three months, I’ve discovered a particularly painful pattern — whenever this institution makes a high-profile statement, the trend of ETH should be questioned, even looked at downward. But this time? Still, a bunch of people hear the word "increase" and immediately chase up at $2,940.
Why am I not that excited? I looked at on-chain data and understood: this institution started accumulatin
View OriginalOver the past three months, I’ve discovered a particularly painful pattern — whenever this institution makes a high-profile statement, the trend of ETH should be questioned, even looked at downward. But this time? Still, a bunch of people hear the word "increase" and immediately chase up at $2,940.
Why am I not that excited? I looked at on-chain data and understood: this institution started accumulatin