Ethereum (ETHUSD) fell 12.7% over the past two days, trading around $2,636 after large holders offloaded more than 1.1 million ETH worth $2.8 billion. The move underscored renewed bearish pressure as substantial supply shifted hands.
Concurrently, institutional players are expanding exposure to Ethereum through tokenization initiatives, with BlackRock and JP Morgan among the firms pursuing such projects. These efforts highlight growing institutional engagement in Ethereum beyond traditional spot trading.
Market participants will watch whether tokenization activity translates into sustained demand or merely reflects a mechanism for liquidity management amid ongoing volatility. If tokenization gains momentum, it could influence liquidity dynamics and access for large buyers. For now, the price action signals bearish sentiment even as institutions explore longer-term engagement.
Leave a Reply