🚨 Astonishing! Is ETH becoming more attractive as it drops? Big players are frantically buying, while small investors are cutting losses and fleeing! 💸🔥
Ethereum (ETH) is putting on a performance of 'A Song of Ice and Fire':
🔹 Big players are buying more as prices drop
Since last November, big players holding thousands of ETH have started their buying spree. Recently, as prices plummeted, they became even more aggressive, unafraid of short-term losses.
🔹 Small investors are cutting losses and fleeing
In contrast, small investors holding less than 1000 ETH have already started liquidating their positions. After a brief attempt to buy the dip in February failed, seeing prices struggle, they are now accepting losses and exiting the market.
📉 Is ETH's trend firmly bound?
Even more surprisingly, ETH's price fluctuations are highly synchronized with the Russell 2000 index, Bitcoin, and the S&P 500, moving almost in perfect unison, as if sealed by glue in a 'financial conjoined twin.'
✅ Conclusion: Institutions are quietly positioning themselves, while retail investors are being completely washed out. The next surge for ETH may not be driven by technology, but rather by capital games!