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The whales and the largest banks are buying and building on $ETH. These are the highest inflows into whale‑accumulation wallets we’ve seen.
Meanwhile, retail has abandoned it and is calling for its failure. They’re tired and exhausted after watching the price chop inside this massive range for five years.
If Bitcoin is digital gold, then what do you call Ethereum?
If nobody needed it, it would have gone to zero, not held a multi‑year floor in the $2K range. Crypto is extremely volatile and high‑risk, but the fundamentals don’t disappear just because retail loses patience.