#机构投资者活动 Recently, I saw that BitMine has increased its holdings by another 44,463 ETH, bringing the total holdings to over 4.11 million ETH🤔 What does this mean? I looked into some information and found that these major institutions are not only hoarding ETH but also holding $1 billion in cash and various asset allocations.

Honestly, when I first entered the space, I thought only retail investors were buying coins. It wasn't until later that I realized institutional investors had been quietly accumulating all along! What does their continuous increase in holdings mean? Are they optimistic about ETH's future? Or are they preparing for some plans?🚀

It feels like every time I see such large changes in holdings, the market sentiment fluctuates accordingly. Recently, I’ve been learning how to interpret these on-chain data. Although I’m still a bit confused, I gradually realize that this information is actually quite important for understanding market trends!

Can any experienced traders explain what such continuous accumulation by institutions usually indicates? I want to learn how professional investors view the market, so I’m not always scared by sudden price fluctuations😅