So, did Wall Street sell a large amount of ETH?
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Not at all, they've been stacking lots of ETH(Ethereum) recently.
A few months ago, I expected the sum of other spot ETH ETFs will surpass the amount of ETHE which is the existing spot ETH ETF.
Finally, the sum of the 2nd and 3rd place ETH holdings surpassed the ETHE.
It's a meaningful moment. But, retail investors are still in suspicious, and only focus on the price.
Anyways, I assume their average ETH purchase price is around $3k. If so, do you really think this 3rd altseason is over? It's not reasonable.
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