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That's really impressive! In the past 20 days, institutions and whales bought 681,103 Ethereum! Why not rush to buy at 1400? When it goes up, buy in the frames!

Supporting the independent market of $ETH, as mentioned before, the Ethereum staking ETF, including financing by 7 listed companies to buy ETH, many institutions have started to make large purchases of ETH to position themselves ahead of the staking ETF approval. Previously, the ETF inflows for Bitcoin were 1:1 pegged, with the money remaining in the US stock market. However, after MicroStrategy, the money was directly left in the market as they purchased Bitcoin directly. This is also why Bitcoin did not drop much in the first half of the year and maintained its independence. At least 7 listed companies have started to follow MicroStrategy's lead to directly buy ETH, and the money is similarly left in the market. As the leader among altcoins, ETH's price will naturally play a leading role in driving up the market, stimulating the hot money within. Finally, BlackRock also submitted an application for a staking ETF. Regardless of which institution applies first or last, the SEC will need to approve them uniformly, with expectations for this in October.

So, before the interest rate cut in late September, as long as Ethereum breaks through 4100, the ceiling for this round of Ethereum will keep getting higher!