Ethereum's "Wall Streetization": Opportunity or Risk?



1. The Truth Behind the Plunge
From the end of 2024 to April 2025, ETH dropped from $4000 to $1500, seeming like a crash, but in fact, it was the process of institutions accumulating at low prices. Retail investors panicked and sold off, while whales and institutions seized the opportunity to buy in, significantly increasing the concentration of chips.

2. Who is bottom fishing?
Public companies: such as SBET (buying ETH for $425 million), BMNR (investing $250 million in staking), treating ETH as a "digital treasury bond."
Capital giants: Pantera, Consensys, Peter Thiel, and others have long laid out strategies, controlling a large amount of ETH and key ecological projects.

3. New Narrative: From "Technology" to "Finance"
In the past, ETH relied on DeFi and NFT speculation, and now Wall Street has packaged it as:
"Yield-bearing assets" (Staking rewards)
"Deflationary Bonds" (Burning + Staking to Reduce Circulation)
"Compliant Targets" (SEC may approve ETF)

4. On-chain data explains everything
The holdings of whales increased by 40%, while retail investors' holdings hit a new low.
More than 25% of ETH is staked, reducing the circulating supply.
The EIP-4844 upgrade reduces fees, attracting more institutions.

5. Impact on Retail Investors
Risk: Institutional control may exacerbate price manipulation (pump and dump).
Opportunity: If ETH becomes a mainstream financial asset, there is still significant room for long-term growth.

Conclusion
ETH has transformed from "the faith of retail investors" to "a tool for institutions". The key is to recognize the trend and avoid being taken advantage of. If you believe that Wall Street will push ETH higher, now might be the time to position yourself; if you dislike manipulation, you need to be more cautious.

ETH BTC Ethereum ETF countdown
ETH-2.33%
DEFI-3.01%
BTC-2.47%
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