2025-12-31 01:25:27

Recent 24-hour ETH trends present an interesting contrasting picture. The price has risen by 1.7%, with trading volume expanding simultaneously, which usually indicates that buyers are starting to re-engage. However, behind these seemingly optimistic numbers, market participants' behaviors reveal complex expectations.

Institutions are clearly accumulating. Entities like Bitmine and Trend Research are not only increasing their ETH holdings but also actively engaging in staking rights. Bitmine has even set a target of 5% of network rights. This long-term strategic posture is hard not to associate with a bullish outlook on Ethereum's fundamentals. Meanwhile, the Glamsterdam upgrade is expected to go live in 2026. By increasing the Gas limit and introducing a native proposer-builder separation mechanism, it will significantly improve Layer 1 scalability—an actual positive for attracting new users and applications.

Even more interesting is the unfolding of practical ecosystem applications. Ethereum's dominance in the RWA (Real-World Asset) sector is becoming more evident, and Swiss retailer SPAR has begun accepting ETH payments. These cases point to real-world utility being put into practice.

However, short-term risks are also on the table. A well-known wallet has transferred 112,000 ETH (worth over $330 million) to a trading platform, and a whale has established a short position worth $106.5 million. The ETF situation is even more direct—net outflows of 17,969 ETH in the past day and a total outflow of 29,287 ETH over the past week (approximately $85.96 million), reflecting a cooling of investor enthusiasm for these products.

Community voices are also divided. Some worry about further price declines, while others point out that institutional accumulation and improved liquidity could become rebound points. Short-term volatility is likely to continue, and the key question is how to interpret these institutional strategies and ecosystem developments—are they locking in chips at lows or genuinely optimistic about long-term value? The answer to this question may become clearer over the coming months.

ETH1,01%

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DAOplomacy

· 5h ago

ngl the institutional accumulation narrative here is kinda sus... like yeah bitmine's staking 5% but who's actually buying the 112k dump lol. the whole "glamsterdam fixes everything" cope ain't landing either when etfs are hemorrhaging that much capital. feels like we're watching the same old coordination theater play out again, just with fancier tokenomics this time tbh.

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DegenDreamer

· 5h ago

Whales are dumping, institutions are bottom fishing—that's the daily life in the crypto world... I really can't hold it together anymore.

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MEVictim

· 5h ago

Whale throwing chips ETF is selling off again, but institutions are hoarding like crazy... Why does this pattern feel so familiar? Are institutions genuinely optimistic or just taking the fall for high-level bagholders? Let's wait and see. Glamsterdam upgrade sounds good, but what about practical applications? It's still a mess right now. The news that SPAR accepts ETH payments is interesting, although the scale isn't big. Short-term continued volatility, a 5% equity ratio also shows they are not afraid of a drop.

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0xLostKey

· 5h ago

Whales are dumping again, this time 112,000 ETH... it's really hard not to overthink it. Institutions hoard coins in one set, retail investors buy in another set, it's always the same story. Glamsterdam won't launch until 2026? Then I still have to struggle in this mud pit this year. What does the continuous outflow of ETFs indicate? Need I say more? The money is fleeing. Just want to ask those optimistic people, do you really believe this can rebound again? SPAR accepting ETH payments sounds good, but what difference does it really make... With 5% equity, I wonder what makes them so confident. Short-term, it will definitely fall more; hoping for good news is just a luxury. Anyway, that short position is really aggressive. What could it be hinting at? No matter how loudly RWA claims dominance, it can't change the current situation.

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FromMinerToFarmer

· 5h ago

Institutions are accumulating, retail investors are fleeing. I've seen this play out too many times. Whales are opening short positions worth 100 million. Are they trying to dump or just scare people? ETF outflows exceed 85 million, indicating that some people still don't believe in this rebound. However, the fact that SPAR accepts ETH payments deserves some recognition; at least there is a real application being implemented. Glamsterdam's upgrade has to wait until 2026, which is quite a long time. In the short term, prices will definitely fall, but with institutions accumulating so aggressively, they certainly won't lose in the long run. Instead of stressing over all this, just hold. Anyway, I’ve shifted from being a miner to a farmer, so I might as well relax for the long term.

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DataBartender

· 5h ago

Institutions are accumulating, retail investors are fleeing; this show must go on. 1.12 million ETH are being dumped onto exchanges one after another, and the bears are not idle either. Who's got the stronger hand?

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DegenWhisperer

· 5h ago

Institutions are accumulating, whales are smashing, this rhythm... is a bit strange. --- Same old rhetoric, can the 2026 upgrade save the current situation? I'm more concerned about whether it will break the bottom tomorrow. --- SPAR accepts ETH payments? Okay, got it, but what about my bag? --- ETF outflow of 86 million, now that's the real story, stop saying the fundamentals are so strong. --- Bitmine, is this bottom-fishing or true conviction? I need to think it over. --- Sounds nice, but essentially it's institutions eating up chips at low levels, retail investors being harvested, understand? --- Short-term risks are on the table... nonsense, when isn't there risk? --- This article is very detailed, but the conclusion is still unclear, just like that. --- Whale shorted 100 million USD? Should I reverse my position then? --- It's about practical implementation, so why is it still falling? That logic doesn't add up, brother.

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