Lookonchain monitoring, two institutions' associated wallets received 9,044 ETH from FalconX, worth about 38 million dollars, despite the market downturn.

Institutions are not panicking, continuing to buy ETH during the decline, with a 38 million dollar large order entering.

Combined with the BitMNR wallet receiving 52,500 ETH, whales are bottom-fishing, ignoring the short-term pain of ETH breaking 4,200 dollars.

I personally feel this signal is strong, SharpLink staking rewards have reached 1,388 ETH, institutions are positioning for the long term.

In the future, if the US stock market continues to fall, crypto may follow, but the inflow of institutions makes me optimistic about a rebound, focusing on the 4,200 support, considering increasing positions.