Ethereum Ten Year Celebration
Ten years, from being unknown to becoming world-renowned. The ten years of Ethereum also mark the decade of the blockchain industry. Bearing the marks of navigating through the turbulent waters of the era, with the ruggedness shaped by trials and adversity, embodying perseverance in difficulties, breakthroughs amidst controversies, and those glories and dreams etched in the golden years of the past.
Global cryptocurrency funds saw a net inflow of $4.39 billion last week, surpassing the previous high of $4.27 billion set after the U.S. elections last December, reaching a historic peak. We can also see that major institutions and publicly listed companies are in a phase of seizing opportunities, so the 120,000 large pie is far from the top.
Generally speaking, the inflow of altcoins to exchanges tends to surge after significant market upswings, which usually signals the intention to take profits, coinciding with short-term price peaks or active trading periods. Currently, the inflow of altcoins remains stable, indicating that investors are not in a hurry to sell.
The market may experience a wave of funds led by altcoins in August.
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