The true circulation of ETH may not withstand this wave of accumulation
According to on-chain data, since the approval of ETH ETF in 2024, institutions have cumulatively acquired: 870,000 ETH, and it is expected to reach 1 million by the end of the year.
What does this mean?
The total circulating ETH globally is only about 14.7 million, and the US ETF alone will lock up 1/14.
Do you still want to buy at the bottom? Sorry, if you're a step too late, you'll only be able to buy at a high.
The next 10x coin is about to be born. On July 30, the day of the interest rate cut, the 10x coin code will be announced, so stay tuned.
Today's focus: mkr, link, apt, sui, uni, aave.
