I just refreshed the data, and in the last 24 hours, the net outflow on the ETH chain has surprisingly reached 230,000 coins, with clear signs of institutional funds entering the market. Abraxas Capital continues to significantly increase its Ethereum holdings, and this entity has accumulated nearly 280,000 ETH, which seems to be more than just talk.

Interestingly, the overall TVL in DeFi has also shown a significant rebound recently, with an increase in fund activity on Ethereum and Binance Smart Chain.

So it’s okay.