$ETH is showing steady strength, up around 2.5% over the past 24 hours.
One factor getting attention is institutional accumulation, with Bitmine reportedly holding more than 6M ETH, around 4.9% of circulating supply. That said, the pace of new purchases has slowed this week, while relatively low trading volume suggests the current upside still lacks strong momentum.
Funding is sitting near 0.0093%, which suggests leverage remains relatively controlled rather than overheated.
For me, the key now is whether ETH can attract stronger spot volume and maintain this momentum.
#EarningsSeason
One factor getting attention is institutional accumulation, with Bitmine reportedly holding more than 6M ETH, around 4.9% of circulating supply. That said, the pace of new purchases has slowed this week, while relatively low trading volume suggests the current upside still lacks strong momentum.
Funding is sitting near 0.0093%, which suggests leverage remains relatively controlled rather than overheated.
For me, the key now is whether ETH can attract stronger spot volume and maintain this momentum.
#EarningsSeason