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Recently, the Ethereum PoS network has shown an interesting phenomenon of capital flow. Data shows that the number of ETH in the exit queue has reached 659,000, amounting to about 2.5 billion USD. Meanwhile, ETH worth 890 million USD is waiting in line to join the network.
This seemingly opposing flow of funds actually reflects the market's self-regulating mechanism. On one hand, some participants choose to cash out and take profits; on the other hand, new funds are being driven into the market by institutional demand. This trend coincides with recent news of listed companies like SharpLink and BitMine increasing their holdings of ETH.
Currently, the ETH price remains relatively stable around $3800. In the short term, it is not impossible to break through the resistance level of $4500. However, investors still need to be cautious of the selling pressure that may arise when the exit queue reaches its peak.
For investors focused on the Ethereum market, closely monitoring on-chain data is particularly important. This not only helps to better understand market trends but may also assist in identifying potential low-price buying opportunities. In the current market environment, staying vigilant and being ready to seize opportunities is especially crucial.