On June 11, the trading volume of the Binance ETH—USDT trading pair reached 3 billion USD, surpassing the BTC—USDT trading volume by nearly 1 billion USD on the same day.
Congratulations to the E Guardians
Currently, some data has been queried, and the inflow of ETH ETFs is between 10 million and 50 million USD.
Rumor has it: an institution has purchased over 100,000 ETH through over-the-counter (OTC) trading. The current address holds 140,000 ETH.
The reason for ETH's trading volume surpassing Bitcoin should also be driven by large institutions in the over-the-counter market!