Stop singing the empty Ethereum song, the real chips have long been out of the exchanges!
97.6% of ETH supply is locked by the top 1% addresses, this is not a risk, it's a buildup of strength.
What you see is 'whale monopoly', what I see is 'the eve of the main rally after retail investors exit'.
When 90% of the retail investors give up on-chain interactions due to wear and tear, negative returns, and high gas fees, who is adding to their positions? It's those big players running DeFi protocols, NFT staking, and LSD compounding every day.
Do you think it's a bear market now?
The circulating supply on exchanges is getting smaller and smaller, and the next explosion might fly directly without even hitting $3000.
The true cost of $ETH has already exceeded 2500; are you still looking at the market with the pricing logic from two years ago?
When the public is fearful, capital has already dismantled the bridge.
When you are looking for the bottom, smart money has already gone all in.
This cycle does not belong to those waiting to buy the dip, it belongs to those who dare to add to their positions in the dark.
#以太坊ETF批准预期 #ETH #链上Alpha #巨鲸动向 #defi $ETH