#机构以太坊储备破1000万枚#

10 million ETH locked in ETFs, an accelerator or a brake for the bull market?
Friends, the cumulative holdings of ETH have surpassed 10 million coins in reserve companies and ETFs, and now the market is in an uproar: some are shouting that the bull market is accelerating, while others are worried about institutions being "stuck in the market."
Why is it called an accelerator? Because the circulating supply has decreased, the scarcity of ETH is magnified, making it easier for a bull market to surge. It's like tightening the "faucet of chips" in the market, naturally increasing the pressure for prices to rise. Not to mention that ETFs provide traditional investors with a no-threshold entry point, and the channel for funds to enter the market has been completely opened.
Where is the brake? The ETH in the hands of institutions is often not "thrown around casually," but is aligned with risk control and long-term allocation. In the short term, the kind of "rocket-like surge" that retail investors expect may be firmly suppressed by institutions. In other words, ETH may follow a slow bull market, with less excitement and more stability.
So, these 10 million coins are both the "stimulant" of the bull market and the "safety belt" of the market trend. If you want to play exciting games in the future, you might have to switch to small tokens; if you just want to lay back and make money, then don't go against the ETFs—after all, even the rhythm of the bull market is in their hands.