Bitcoin drops 4% sharply, so why is Ethereum so resilient? The secret behind institutional rebalancing can’t be hidden anymore! 🐂

Yesterday, everyone was asking why Bitcoin (the big pancake) fell 4% daily, while Ethereum (the small pancake) remains so resistant to decline. In fact, there are two core logics behind this:

1️⃣ Wall Street institutional funds shifting: Selling BTC, buying ETH!

Some institutional funds withdrawing from BTC are reallocating into ETH. Recently, Wells Fargo and Jane Street have been increasing their ETH ETF holdings: Wells Fargo’s ETH ETF holdings increased by 63.5% in Q1; Jane Street’s ETHA holdings grew by 87% month-over-month; listed companies like Bit Digital and BitMine continue to accumulate large amounts of ETH in spot holdings, with BitMine adding 111.9k ETH in one week.

2️⃣ Ethereum on-chain staking locks circulating supply

Over 30% of ETH is staked on-chain, making it unavailable for circulation. With less circulating supply in the market, the same selling pressure results in a smaller price decline compared to BTC, and the sell-off simply can’t push the price down.

In summary, the flow of institutional funds and ETH’s deflationary mechanism give ETH greater resilience during Bitcoin’s pullbacks. Are you following this divergence? #ETH #BTC #机构动向 #加密市场 #微策略出售32枚比特币 $BTC ‌$ETH ‌