๐จ๐๐ฎ๐น๐ฎ๐ ๐ ๐๐ถ๐ด๐ถ๐๐ฎ๐น ๐ถ๐ ๐ฑ๐๐บ๐ฝ๐ถ๐ป๐ด ๐๐ง๐:
In the last 5 days, they transferred 49,681 ETH to exchanges.
Institutions are not interested in holding or buying ETH, and it is clearly visible in the stats ๐
โฆ๏ธ Since the 20th of Feb, ETH ETFs saw an inflow for only 4 days, and the total inflow was $27.8 million.
โฆ๏ธ $ETH YTD return: -52%
โฆ๏ธ ETH/BTC pair hits a 5-year low.
โฆ๏ธ #Ethereum transaction fees are at the lowest level since May 2020 (it also shows less demand).