· Price and Quarterly Performance: ETH is currently trading near $1,560. The just-concluded Q2 dropped by 24.77%, marking the first time in history that it has closed lower for three consecutive quarters (Q4 2025 fell 28.28%, Q1 2026 fell 29.26%).


· On-Chain Activity: The network's 14-day average active addresses have dropped from approximately 795k in early February to about 420k.

🏦 Institutional Dynamics: Capital Flow Divergence

· ETFs Turn to Net Inflows: On July 1, nine Ethereum ETFs reversed their recent downtrend, achieving a net inflow of 12,455 ETH (approximately $30.13 million). However, the last two days of June still saw outflows of about $30 million.
· Listed Companies Buck the Trend to Increase Holdings: Ethereum treasury company Sharplink added 10,000 ETH (worth approximately $16 million) last week, its first purchase since October last year.
· Whale Opens Short Position: On-chain data shows that a large investor has opened a new 25x leveraged short position of 22,000 ETH, valued at approximately $35 million. $ETH
ETH-1.97%
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Daimao
· 7h ago
Hold long-term!!!!!!!!!!!!!!!!!!
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