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#GENIUS稳定币法案 Glassnode data shows that for seven consecutive days, the net increase in Ethereum whale wallets has exceeded 800,000 coins daily, with total holdings between 1,000 and 10,000 coins exceeding 14.3 million coins. On June 12 alone, the net increase in Ethereum held by whales exceeded 871,000 coins, marking the largest single-day net inflow this year. Such a large-scale purchase is also the first since 2017.
In mid-May, after advising everyone to reduce their holdings in Bitcoin, Uncle has only recommended increasing Ethereum positions once in the past month, while remaining inactive in other segments. This includes the first-mover advantage of Ethereum in the current Wall Street RWA crypto layout, as well as considerations for Ethereum's infrastructure attracting funds after continuous speculation on stablecoins; the market is unlikely to start from memes and end with memes.
In macro data, yesterday Bitcoin spot ETF saw a net inflow of $216 million, remaining in a net inflow state for another week; Ethereum spot ETF had a net inflow of $11.09 million, showing slight short-term fatigue. Overall, after a dip and subsequent recovery in the short-term market due to geopolitical conflicts, the capital market holds a positive attitude towards Trump's potential mediation, and the likelihood of a black swan event has decreased again.