logo

Analyst: ETH Outperforms on Strong Treasury Holdings, Sustainability of High Inflows Questioned

By: theblockbeats.news|2025/09/04 04:12:30

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.

Ukrainian Parliament Passes First Reading of Cryptocurrency Legalization and Taxation Bill
0G Labs Announces Launch of Decentralized iNFT Trading Marketplace AIverse

You may also like

Share
copy

Gainers

Latest Crypto News

16:45

Next Week Macro Outlook: Fed Set The Tone Week! The Fed Faces the "Ultimate Showdown"

15:45

SAHARA experiences a sudden 50% price drop, causing its market value to be "halved" to $1.06 billion

15:15

In the last 24 hours, there has been a total of $159 million in liquidations across the network, with the majority coming from long positions.

13:45

The HyperLiquid team unbonded 2.6 million HYPE tokens, with 609,000 tokens being sent to an OTC platform.

13:15

Trump: Stocks and 401k Plans Have Reached All-Time Highs, While Inflation, Prices, and Taxes Are All Decreasing

Read more
Community
icon
icon
icon
icon
icon
icon
icon
icon

Customer Support@weikecs

Business Cooperation@weikecs

Quant Trading & MM[email protected]

VIP Services[email protected]