Phyrex|11月 24, 2025 20:48
Relatively speaking, ETH's data looks a bit better. Although BlackRock and Grayscale are also major ETH sellers, Fidelity's investors have been buying heavily, completely offsetting all the sell-offs. It seems that Fidelity's users aren't all about chasing highs and cutting losses; there are also bottom-fishing investors. Meanwhile, BlackRock's investors have been the main selling force for both BTC and ETH recently. Not sure if this trend will ease on Monday.
Looking at the weekly data, ETH's performance has also improved a bit. In Week 69, there was a net sell-off of 175,000 ETH, which is much better than the 220,000 ETH in Week 68. For now, it feels like ETH has almost hit the bottom.
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