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🔥 Today's Hot Topic: #MyTopAICoin#
Altcoins are heating up, AI tokens rising! #WLD# and #KAITO# lead the surge, with WLD up nearly 48% in a single day. AI, IO, VIRTUAL follow suit. Which potential AI coins are you eyeing? Share your investment insights!
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1️⃣ How do you see AI tokens evolving?
2️⃣ Wh
Institutional Ethereum reserves surge, Derive claims Q4 has explosive potential
PANews, September 3 - According to The Block, Nick Forster, the founder of Derive, stated that last week a listed company increased its holdings by approximately 330,000 ETH, exceeding the 250,000 ETH of the US spot Ethereum ETF. Currently, strategic reserve companies hold about 4% of the total ETH supply, while ETFs hold 5.5%. Derive expects that by the end of the year, institutions may cumulatively hold 6-10% of the supply. The implied volatility of ETH options has dropped to 63% in the short term. BRN analysts pointed out that some companies increasing their holdings can hedge against ETF capital outflows. ETH is currently priced at about $4,320, with a weekly decline of approximately 6%.