Institutional capital is front-running a potential ETH staking approval, rotating aggressively into what’s increasingly seen as the future of digital assets. Recent reports suggest nearly 30,000 ETH — valued around $78 million — were scooped up by the same players.
In contrast, Bitcoin’s ratio is a modest 1.3:1, suggesting a more cautious outlook. The divergence in mood shows growing confidence in Ethereum’s near-term potential, especially amid ETH staking approval rumors.
At the same time, social sentiment is buzzing, and whale activity is picking up, all pointing to a market mood that’s increasingly pro-Ethereum… even as some big holders are still underwater. As the crypto crowd leans into optimism for ETH, the gap in sentiment between the two leading assets continues to widen.
As of now, at the time of writing this article, ETH is being traded around $2,635 and has seen a growth of 0.82% in the past 24 hours and stands at a market capitalization of $318 Billion.