ETH Long-Term Holder Accumulation Rises, Over 50% of Supply Now Staked

"Maji" has increased ETH long positions, currently with a slight unrealized profit.

BlockBeats News, February 23 — According to HyperInsight monitoring, "Brother Ma Ji" Huang Licheng's address just increased his ETH long position by 25x leverage to 2,300 ETH, with an average entry price of $1,877.91. Currently, the unrealized profit is $5,019.

Data: Ethereum spot ETF saw a net outflow of $123 million last week, marking five consecutive weeks of net outflows.

Last week (February 16 to 20), Ethereum spot ETFs experienced a net outflow of $123 million, with BlackRock ETF ETHA seeing the largest outflow of $102 million; meanwhile, 21Shares ETF TETH achieved a net inflow of $688,000. Currently, the total net asset value of Ethereum spot ETFs is $11.14 billion.

NYDIG Research Director: The "investable scope" in the crypto space is narrowing

NYDIG Research Director Greg Cipolaro pointed out that the investable scope in the crypto space is narrowing, mainly focusing on extending traditional financial products to blockchain applications, and believes that the likelihood of large-scale blockchain applications emerging is lower than expected.