Ethereum 's performance in this bull market has not been outstanding. The Ethereum Foundation and whale have shipped massive amounts of money, and ecological innovation has stagnated... There are endless voices of investors who are bearish on ETH.
Zhu Su adds ETH
However, just after the downturn of Ethereum for a period of time, Zhu Su, the founder of Three Arrows Capital, posted on the social platform X yesterday (25th) that he had sold 50% of his TAO, SUI and POPCAT tokens and exchanged positions To ETH, vote bullish on Ethereum with your position:
I have sold 50% of my TAO, SUI and POPCAT tokens in exchange for more ETH.
QCP Broadcast: Ethereum options turn from bearish to bullish
On the other hand, QCP Broadcast also pointed out in a report released on Tuesday (24th) that as the U.S. Federal Reserve (Fed) announced a substantial 50 basis points cut in interest rates, the Chinese authorities followed closely and released a large amount of water, which means that the global The loose monetary policy environment is likely to continue.
In this context, QCP Broadcast pointed out that Ethereum’s recent gains have been greater than those of Bitcoin, and the exchange rate of ETH against BTC has also increased (currently 0.04114), which seems to imply that the market has begun to regain confidence in Ethereum:
On the options front, ETH’s front-end tilt shifted from puts to calls, while ETH’s implied volatility is 9% higher than BTC, indicating bullish sentiment and higher expected volatility.
Ethereum spot ETF saw a net inflow of US$62.5 million on the 24th
According to Sosovalue data , as of September 24, the Ethereum spot ETF has also seen good news of net inflows of funds, with a single-day inflow of US$62.5 million, the highest record since early August. If spot ETF funds continue to see net inflows, it will also help ETH rise further.
