*Walter Bloomberg|Aug 11, 2026 17:30
ETHEREUM BUYERS ACCUMULATE AHEAD OF CPI
Investors are accumulating Ethereum ahead of Wednesday’s U.S. CPI report, according to Nansen.
Managed money is reportedly buying ETH on spot markets at 7.2 times its normal pace.
Meanwhile, sophisticated traders remain net short Bitcoin and Ethereum derivatives, signaling caution over inflation and potential rate hikes.
Ethereum fell 0.9% to $1,862, while Bitcoin dropped 1% to $63,455.(*Walter Bloomberg)
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