Recent observations reveal that with Ethereum's stable price, large institutional investors such as World Liberty Finance (WLFI) are actively purchasing assets. The interest of major players may influence the market in the future.
World Liberty Finance Activity
World Liberty Finance has become one of the major investors purchasing Ethereum at discounted prices. Notably, WLFI acquired 1,917 ETH worth 5 million USDC, highlighting the trend among major investors in the cryptocurrency market.
Ethereum Large Holder Flows
Recent observations indicate that Ethereum large holder net flows remain positive. This is particularly evident since February 5, where inflows exceeded outflows. According to IntoTheBlock, ETH holdings by large holders increased from 61.67 million to 61.92 million between February 1 and February 10.
Reasons for Ethereum Price Growth Slowdown
Despite 'whale' activity, Ethereum's price growth has slowed. Weak demand under volatile market conditions explains the sluggish price recovery. CryptoQuant data shows ETH inflows to exchanges were higher than outflows, suggesting a possible pivot, providing inflow support below the $2,350 level.
The activity of major investors such as WLFI indicates potential growth interest in Ethereum. However, given the fluctuations in supply and demand, the market remains uncertain. Investors should consider additional risks such as market volatility and external economic factors.