Ethereum ETF reserve scale breaks 30 billion USD, 69 treasury companies' ETH holdings approach 20 billion, the top three have exceeded 10 billion, accounting for 3.39% of the circulating volume.

The data is stunning, directly echoing with Tom Lee's statement that the probability of ETH's market value surpassing BTC is as high as 50%. Institutions are frantically hoarding ETH, feeling like a replica of the time when the dollar abandoned the gold standard in 1971.

I personally have high hopes for this wave, ETH just broke 4700 yesterday, combined with Grayscale's increase of 2909 ETH, market sentiment is through the roof, but we must be cautious of liquidation risks, as the entire network has seen 526 million liquidated in the past 12 hours, with Ethereum accounting for 315 million.

In the coming week, if ETH stabilizes above 4800, the market cap drama of XRP surpassing BlackRock may replay on ETH, so it's time to position yourself.