- Comprar cripto
- Mercados
- Futuros
- Spot
- Copy trading
WE-Launch
Analyst: ETH Outperforms on Strong Treasury Holdings, Sustainability of High Inflows Questioned
BlockBeats News, September 4th, according to The Block, Presto research analyst Min Jung stated that the market's buying pressure is mainly sustained by the continuous accumulation of Digital Asset Treasury (DAT) companies, and attributed Ethereum's significant Wednesday surge to this trend.
Jung said: "ETH once again performed well, likely benefiting from the same fund inflow driven by DAT. However, we remain cautious about the sustainability of this theme and DAT companies' ability to maintain high purchase volumes."
The analyst also previously pointed out that funds are continuously rotating from Bitcoin to Ethereum, as traders believe that after Bitcoin hit historic highs in July and August, Ethereum provided more profit-taking opportunities.
También te puede interesar
Ganadores
Últimas noticias sobre criptomonedas
Today's Crypto Fear and Greed Index is 28, with market sentiment staying in the "Fear" zone.
Hyperliquid confirms a total of 1.75 million HYPE tokens have been unlocked for developers and core contributors, worth over $60.4 million.
「Whale」 Ape Increases Ethereum Long Position to $28.6 Million, Entry Price $2,981.59
The prices of some Memecoins and Shitcoins have experienced a significant increase, with the MemePenguin coin seeing a 24-hour surge of 50.64%.
「2016 Ethereum Ancient Whale」 Suspected of Selling 7,000 ETH, Still Holding 26,992.67 ETH
Atención al cliente：@weikecs
Cooperación empresarial：@weikecs
Trading cuantitativo y MM：[email protected]
Programa VIP：[email protected]
App