Recently, the crypto assets market has shown a trend of diversification. Data indicates that certain institutional investors have adopted different strategies towards Ethereum (ETH). Grayscale and Fidelity chose to reduce their holdings by approximately 80,000 ETH, while BlackRock went against the trend and increased their holdings by 74,400 ETH, reflecting the divergence in market outlook among institutions.



At the same time, Bitcoin's blockchain has seen a net inflow of funds for seven consecutive days, which may indicate that investors' confidence in Bitcoin is gradually recovering. This sustained inflow of funds is often viewed as a positive signal for market sentiment.

It is worth noting that Ethereum whales seem to find the current price attractive, continuously buying during market corrections, demonstrating their long-term positive outlook on ETH. This behavior may provide certain support for the price of ETH.

Another notable phenomenon is that the inflow of funds from large holders of Cardano (ADA) has reached a new high. This trend may reflect investors' positive expectations for the development of the ADA project or recognition of its technological innovations.

Overall, although some institutions have chosen to reduce their holdings of ETH, other indicators such as Bitcoin inflows and the buying behavior of large holders of ETH and ADA suggest that the crypto assets market may be brewing new changes. Investors need to closely monitor these trends while weighing various factors to make informed investment decisions.
ETH-4.54%
BTC-2.11%
ADA-3.27%
View Original
post-image
post-image
post-image
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 4
  • Repost
  • Share
Comment
0/400
SolidityNewbievip
· 08-16 09:50
Institutions Be Played for Suckers, that's all.
View OriginalReply0
DYORMastervip
· 08-16 09:50
Large Investors BTFD Stable
View OriginalReply0
ForkYouPayMevip
· 08-16 09:47
ADA is invincible, just go for it.
View OriginalReply0
TokenomicsTinfoilHatvip
· 08-16 09:47
Reducing holdings in hot coins to replenish small coins? Smart money understands it now.
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)