Completely insane!!!! ETH may reach ten thousand dollars, institutions are increasing their holdings at any cost, and buying volume is multiplying geometrically!

According to coinglass data, starting from July 8th, the ETH ETF has broken the curse, skyrocketing from an initial daily trading volume of tens of millions to over 200 million in an instant, and it continues to increase exponentially even today!

Among them, BlackRock's ETHA continues to be the leading figure, with daily buying volume reaching an astonishing 547 million, while BTC ETF's daily buying volume has decreased. This behavior is clearly indicating that the world's largest institutions are starting to turn their attention towards ETH.

The situation is different from the past; previously, when ETH rallied, institutions did not exhibit this level of madness. Now, with BlackRock's frenzied buying, it first shows that institutions have strong confidence, and secondly, retail investors are gradually recognizing ETH. This time's increase in price is something everyone can truly look forward to.

P.S.: The price of BTC has steadily risen since the beginning of 2024 after BlackRock's ETF approval (from 50,000 to now 120,000), so the focus is now turning to ETH, and everyone should understand what's happening.

Hold on to your chips, don't easily discard them; any pullback is an opportunity to get on board. This time's increase will exceed everyone's imagination!

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