Wow, @happycapital, this is a fantastic breakdown of the recent ETH market dynamics! The contrasting visuals from CoinGlass really drive home the point – ETH reserve companies like Bitmine are scooping up ETH while ETF holders are selling. It's fascinating, and slightly concerning, that we can't pinpoint exactly who's behind those ETF sales. Your analysis raises important questions about market sentiment and the potential divergence between long-term holders and ETF investors. I'm curious to see how this plays out. Anyone else have thoughts on why we're seeing this accumulation vs. selling pattern? Thanks for sharing this insightful data! Upvoted and resteemed!